On October 7, Bitcoin Spot ETFs experienced a significant inflow of funds, reaching a total of $235 million. This shows a growing investor interest in Bitcoin as an investment vehicle.
The Fidelity Bitcoin ETF, known as FBTC, contributed a substantial $104 million to this inflow, showcasing its strong performance and appeal among investors.
Meanwhile, BlackRock’s Bitcoin ETF, IBIT, captured $97.88 million in inflows, indicating its competitive position in the market.
In contrast, Ethereum ETFs did not see any net flow on the same day, highlighting differing investor sentiments towards Ethereum relative to Bitcoin.