At a glance
- BlackRock's iShares Bitcoin Trust took $136.0 million of the $137.3 million, and the Bitwise Bitcoin ETF added $1.3 million, while every other fund in Farside's table reported no flow.
- The day's flows were concentrated: $136.0 million of the $137.3 million went to IBIT, so the category's reported demand, on this data, is for one issuer's product rather than a broad rotation.
- The prior inflow, $176.0 million on Oct. 27, went almost entirely to IBIT ($151.5 million) and Fidelity's FBTC ($24.5 million), as Private Wealth Daily previously reported.
U.S. spot bitcoin ETFs drew $137.3 million of net inflows on Oct. 28, their third consecutive day of positive flows, according to Farside Investors data.
BlackRock's iShares Bitcoin Trust took $136.0 million of the $137.3 million, and the Bitwise Bitcoin ETF added $1.3 million, while every other fund in Farside's table reported no flow. SoSoValue put the session total at $137.33 million.
The day's flows were concentrated: $136.0 million of the $137.3 million went to IBIT, so the category's reported demand, on this data, is for one issuer's product rather than a broad rotation.
The three sessions add up to about $423.6 million, recovering more than half but not all of the $773.5 million that left the funds on Oct. 22 and 23. The prior inflow, $176.0 million on Oct. 27, went almost entirely to IBIT ($151.5 million) and Fidelity's FBTC ($24.5 million), as Private Wealth Daily previously reported.
Ether funds moved the other way, losing a further $21.4 million on Oct. 28, bringing three-session outflows to about $170 million, Farside data show.
IBIT now carries about $66.5 billion of cumulative net inflows, according to Farside.
One fund took 99% of the day's bitcoin ETF inflows
Net flows by fund on Oct. 28, 2026, $M
- IBIT (BlackRock)$136M
- BITB (Bitwise)$1.3M
- FBTC (Fidelity)$0M
- GBTC (Grayscale)$0M
Show as table
| Item | Value ($M) |
|---|---|
| IBIT (BlackRock) | $136M |
| BITB (Bitwise) | $1.3M |
| FBTC (Fidelity) | $0M |
| GBTC (Grayscale) | $0M |
Reported by the Crypto ETFs & funds desk from HedgeCo News, Farside Investors and SoSoValue. Published . Corrections