At a glance
- BlackRock's iShares Bitcoin Trust took $151.5 million and Fidelity's Wise Origin Bitcoin Fund added $24.5 million.
- For advisors, the split is a liquidity check: the two largest funds accounted for all of Tuesday's creations, while smaller products sat idle.
- The funds lost $635.5 million on Oct. 22 and $137.9 million on Oct. 23 before this week's rebound.
U.S. spot bitcoin ETFs recorded $176.0 million of net inflows on Tuesday, Oct. 27, according to issuer data compiled by Farside Investors and cited by TokenPost and TFTC. It was the second straight day of inflows, after $110.3 million on Oct. 26.
BlackRock's iShares Bitcoin Trust took $151.5 million and Fidelity's Wise Origin Bitcoin Fund added $24.5 million. The other ten funds, including Grayscale's GBTC, recorded no net flow. None posted an outflow.
For advisors, the split is a liquidity check: the two largest funds accounted for all of Tuesday's creations, while smaller products sat idle. A bitcoin fund with no daily creations is harder to trade in size without moving the price.
The funds lost $635.5 million on Oct. 22 and $137.9 million on Oct. 23 before this week's rebound. TFTC data put October's month-to-date net flow at roughly minus $26.1 million across 19 trading days before Tuesday's totals were added. TokenPost said Tuesday's total exceeded the $37.6 million of net inflows across the previous five sessions. Cumulative net flows since launch stood at about $57.5 billion, TokenPost said.
Flows swung from a $636M outflow to a $176M inflow
Daily net flows, U.S. spot bitcoin ETFs, $M, Oct. 22-27
- Above zero
- Below zero
- Oct 27+$176M
- Oct 26+$110.3M
- Oct 23−$137.9M
- Oct 22−$635.5M
Show as table
| Label | Value ($M) |
|---|---|
| Oct 22 | −$635.5M |
| Oct 23 | −$137.9M |
| Oct 26 | +$110.3M |
| Oct 27 | +$176M |
Reported by the Crypto ETFs & funds desk. Published . Corrections