Bitcoin Spot ETF recorded impressive inflows of $294M by October 21, following a consistent streak of seven days of gains in the market. This upsurge signifies a strong investor confidence in Bitcoin as a reliable investment asset.
In comparison, BlackRock’s IBIT registered even higher inflows amounting to $329M, showcasing robust interest in this particular investment fund.
Conversely, Ethereum Spot ETF experienced a $20M outflow, indicating a contrasting investor sentiment towards Ethereum during the same period.