
Post
Rai Arqam Aslam
$BTC spot ETF is seeing inflows, but the volume drastically shrinks the next day, and the market reaction is quite limited
On October 20, the US Bitcoin spot ETF had a net inflow of $526.7 million, the largest single-day inflow since September 22, temporarily stopping two consecutive weeks of outflows; however, on October 21, the inflow sharply dropped to $23.16 million, shrinking by 95.6% overnight
BIT received $29.9 million, FBTC got $3.6 million, BITB saw an outflow of $BTC 10.3 million,
Disclaimer: OKX Orbit content is provided for informational purposes only. Learn more
Replies
No comments yet. Be the first to reply!
Trending crypto
BTC/USDTBitcoin
$75,823.6+0.00%
ETH/USDTEthereum
$2,235.79+0.00%
SOL/USDTSolana
$89.48+0.00%
Today’s market buzz
1#Federal Reserve officials say inflation remains the biggest risk

2#US stock AI sell-off causes Nasdaq to evaporate $2.3 trillion in a single day

3#BlackRock IBIT single-day net outflow of $405 million hits a four-month high