US Spot Bitcoin ETFs Attract $175.6 Million in Net Inflows to Reverse Outflows
U.S. spot Bitcoin exchange-traded funds rebounded on October 14, generating $175.62 million in total net inflows. The positive performance came immediately after the funds registered $65.4 million in net outflows during the previous trading session. Bitcoin (BINANCE:BTCUSDT) traded up 0.79% at around 83,830 USDT alongside the recovery in fund flows.
Capital flows were concentrated in a few major funds. Fidelity (FBTC) recorded the highest net demand, bringing in $103.06 million, followed by BlackRock (IBIT) with $65.89 million in net inflows. Morgan Stanley (MSBT) captured $6.67 million, while all other U.S. spot Bitcoin ETFs registered flat flows for the session.
Despite the single-day gain, spot Bitcoin funds remain in negative territory for the month, with cumulative net outflows reaching $276.2 million so far. However, overall institutional momentum for the year stays positive, with cumulative net inflows standing at $654.2 million as investors track ongoing fund demand.
Key points
- U.S. spot Bitcoin ETFs registered total net inflows of $175.62 million on October 14, reversing a $65.4 million net outflow from the previous session.
- Fidelity (FBTC) led all products with $103.06 million in inflows, while BlackRock (IBIT) generated $65.89 million.
- Morgan Stanley (MSBT) added $6.67 million, while remaining U.S. spot Bitcoin ETFs saw zero net flows.
- Month-to-date cumulative net outflows stand at $276.2 million, whereas year-to-date net inflows remain positive at $654.2 million.
Written by our AI from expert market sources across the web. It can contain mistakes: check the facts before acting on them. Write-ups powered by the free AI API at FreeTheAI.org
How we writeDisclaimerQuestions and answers
How much money did U.S. spot Bitcoin ETFs attract on October 14?
U.S. spot Bitcoin ETFs recorded total net inflows of $175.62 million on October 14, reversing an outflow of $65.4 million from the prior session.
Which Bitcoin ETF attracted the most investment?
Fidelity (FBTC) led all products with $103.06 million in net inflows, followed by BlackRock (IBIT) with $65.89 million and Morgan Stanley (MSBT) with $6.67 million.
What are the year-to-date net inflows for U.S. spot Bitcoin ETFs?
Cumulative net inflows for U.S. spot Bitcoin ETFs stand at $654.2 million for the year, despite $276.2 million in cumulative net outflows recorded so far this month.