US Bitcoin Spot ETF Sees Impressive $233.8 Million Net Inflow: BlackRock and Fidelity Lead the Charge

According to the latest data from Farside Investors and Tree News, the U.S. Bitcoin spot ETF witnessed a noteworthy net inflow of $233.8 million on October 7. This substantial increase is primarily attributed to several key players in the crypto investment sphere. BlackRock’s IBIT led the charge with an impressive net inflow of $96.5 million, while Fidelity’s FBTC recorded a significant inflow of $103.7 million. Furthermore, BITB, ARKB, and others collectively contributed a net inflow of $28.2 million, reflecting growing interest in Bitcoin as a legitimate asset class. The continued inflow into these ETFs demonstrates the increasing confidence from institutional investors in the cryptocurrency market. As the landscape evolves, these figures highlight the trend towards mainstream adoption of digital assets.