Bitcoin Spot ETFs experienced significant inflows, amounting to $274 million as of October 18, over a span of six days. This showcases sustained investor interest in Bitcoin investment products.
Ark Invest's ARKB ETF was a substantial contributor, attracting $110 million in new investment. Concurrently, BlackRock's IBIT ETF saw additional cash inflows, securing another $70 million. This indicates growing confidence among investors towards these Bitcoin-related financial products.
