According to Svmuu, the head of ETF business at BNY Mellon stated that Bitcoin ETF flows have turned net positive for the year, returning to positive territory overall.
Bloomberg data shows that spot Bitcoin ETF flows across all periods have turned positive for the first time in months. Although there were outflows earlier due to low coin prices and macroeconomic uncertainty, the scale was relatively limited.
To date, the 12 spot Bitcoin ETFs have seen net daily inflows of approximately $335 million, with monthly cumulative inflows exceeding $2.1 billion and year-to-date net inflows of about $1.8 billion.
Among them, BlackRock's IBIT is the largest contributor, with inflows of about $246 million in the latest day and $1.9 billion for the month, while Grayscale's GBTC continues to see some outflows.
Bitcoin ETF Flows Turn Positive for the Year, Overall Sentiment Warms Up
No AI analysis yet. Tap the "AI Analysis" button above to generate one now.
Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
24H Trending
-
1
Bitcoin Price Breaks $77,000: Multiple Factors Drive Current Rally
-
2
Al Jazeera: Israeli attacks on Gaza kill at least 4 Palestinians, UN Human Rights Office warns of ethnic cleansing risk
-
3
US banks are owed $349B by private credit funds, as PIK interest payments rise to 10% of loans
-
4
Musk retweeted that as of October 31, the number of Starlink satellites has reached 11,184, accounting for 66% of the total active satellites globally.
-
5
Bitcoin staking protocol b14g says $97 million CORE drained, pauses contracts
-
6
Bitcoin Spot ETF Status Review: Market Impact and Latest Data Post-Approval
-
7
Nikkei Asia: Overseas entities' JPY bond issuance reaches a record $16 billion as the AI funding race spreads to Japan
-
8
Al Jazeera: Palestinian Man Succumbs to Injuries After Israeli Drone Strike in Gaza
-
9
Binance confirmed that it has transferred 7,499 Bitcoins to the SAFU fund, stating that it has recovered 90% of the stolen assets and pledged to rebuild the emergency fund to approximately $1 billion.
-
10
SpaceXAI, the AI division of SpaceX, failed to dismiss an air pollution lawsuit filed by the NAACP, with the judge ruling that the case will proceed.
Markets Today
Recommended Reading



