Bitcoin ETF Market Update: IBIT Dominates Inflows as Total Bitcoin Products Reach $20.33M in Daily Net Inflows

News

  • IBIT Dominates with the highest daily net inflow of $107.78 million and a cumulative inflow of $65.27 billion.
  • Grayscale’s GBTC and ARKB face outflows despite price gains.
  • EZBC and BTCW see price increases and daily inflows, reflecting strong market interest.

As of October 23, the total daily net inflow stands at $20.33 million, and the cumulative total net inflow is $61.89 billion. SoSoValue reveals that the total value traded for the day is $3.68 billion, with total net assets at $149.43 billion, representing 6.84% of Bitcoin’s market capitalization.

IBIT Achieves $107.78 Million Daily Net Inflow, Dominating Market Trends

Among the 12 listed products, IBIT (BlackRock), listed on NASDAQ, holds the highest net assets. It recorded a minor daily price drop of 0.17%. IBIT had a daily net inflow of $107.78 million and a cumulative net inflow of $65.27 billion. Its market price increased by 2.21%, reaching $62.56, with a trading volume of 41.59 million shares. 

Source: SoSoValue

After IBIT, FBTC (Fidelity), listed on CBOE, showed a small price decline of 0.13%. It recorded a daily net inflow of $7.22 million and a cumulative inflow of $12.54 billion. Its market price rose by 2.32%, reaching $96.14, and traded at a value of $377.30 million with 3.93 million shares.

GBTC and ARKB Face Outflows as BTC and BITB Record Price Gains

GBTC, listed on NYSE by Grayscale, showed a daily net outflow of $60.49 million and a cumulative net outflow of $24.62 billion. The product’s price increased by 2.27%, reaching $86.42. It traded $336.01 million, with 3.90 million shares. BTC, another Grayscale product on the NYSE, showed no price change, with a 0.00% movement. 

Its daily net inflow was $3.42 million, and its cumulative inflow stood at $1.95 billion. The product’s price rose by 2.31%, reaching $48.81, with $54.73 million in value traded and 1.12 million shares. ARKB, listed on CBOE by Ark & 21Shares, recorded a daily net outflow of $55.02 million, bringing its cumulative outflow to $2.11 billion. 

ARKB’s price rose by 2.25%, reaching $36.63. It traded $126.50 million, with 3.46 million shares. BITB, listed on NYSE by Bitwise, showed a 0.15% price increase, reaching $59.94. It recorded a daily net inflow of $17.41 million and a cumulative net inflow of $2.39 billion. The market price rose by 2.29%, with $103.11 million traded across 1.72 million shares.

EZBC and BTCW See Inflows, While BRRR, HODL, and BTC0 Remain Stable

HODL (VanEck), listed on CBOE, showed no price change, remaining at $31.19. It recorded no daily inflow, but its cumulative net inflow stood at $1.32 billion. The product traded $46.79 million across 1.50 million shares, with a 2.33% price increase. BTC0 (Invesco), listed on CBOE, also showed no price change. It had no recorded daily inflow, maintaining a cumulative net inflow of $212.02 million. The product traded $103.72 million across 441.25K shares. Its price rose by 2.17%, reaching $31.13.

BRRR, listed on NASDAQ by Valkyrie, showed a daily net outflow of $55.02 million, bringing its cumulative outflow to $322.79 million. Its market price rose by 2.29%, reaching $63.82. It traded a value of $6.28 million, with 98.69K shares. EZBC (Franklin), listed on CBOE, recorded a price increase of 2.25%, reaching $116.78. It had a daily net inflow of $2.11 million and a cumulative net inflow of $48.92 million. The product traded $181.22 million across 52.69K shares. 

BTCW (WisdomTree), listed on CBOE, had a price increase of 2.29%, reaching $116.78. It recorded a daily net inflow of $6.14 million and a cumulative net inflow of $181.22 million. It traded $6.14 million with 52.69K shares. DEFI (Hashdex), listed on NYSE, showed a price increase of 2.24%, reaching $124.88. The product had a daily net outflow of $1.45 million, with a cumulative net outflow of $14.96 million. The product traded $24.19 million across 194.00K shares.

Earn more PRC tokens by sharing this post. Copy and paste the URL below and share to friends, when they click and visit Parrot Coin website you earn: https://parrotcoin.net0

PRC Comment Policy

Your comments MUST BE constructive with vivid and clear suggestion relating to the post.

Your comments MUST NOT be less than 5 words.

Do NOT in any way copy/duplicate or transmit another members comment and paste to earn. Members who indulge themselves copying and duplicating comments, their earnings would be wiped out totally as a warning and Account deactivated if the user continue the act.

Parrot Coin does not pay for exclamatory comments Such as hahaha, nice one, wow, congrats, lmao, lol, etc are strictly forbidden and disallowed. Kindly adhere to this rule.

Constructive REPLY to comments is allowed

Leave a Reply