$BTC Bitcoin ETFs Net $223M Inflow, BlackRock Leads With $192M Yesterday
The Spot Bitcoin ETF market recorded a positive trading session yesterday 10/12 with a total net inflow of $223.52 million and zero outflows across all funds.
🔸 BlackRock (IBIT) dominated with a massive inflow of $192.95 million, bringing its historical cumulative net inflow to a staggering $62.60 billion.
🔸 Fidelity (FBTC) came in second with $30.58 million, pushing its historical total to $12.28 billion.
🔸 Total net assets of Spot Bitcoin ETFs now stand at $122.43 billion, representing 6.63% of Bitcoin's total market cap. The cumulative historic net inflow has reached $57.93 billion.
🔸 The absence of outflows combined with strong buying pressure from BlackRock indicates that institutional sentiment remains extremely resilient despite short term volatility.
With ETFs now holding over 6.6% of the total Bitcoin supply, do you think this figure will hit 10% next year?
News is for reference, not investment advice. Please read carefully before making a decision
