Blackrock Fuels Bitcoin ETF Surge with $676M Inflow
UpGateMarket trendsPositive

Blackrock Fuels Bitcoin ETF Surge with $676M Inflow

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Bitcoin ETFs See Weekly Inflows, Ether Funds Face Outflows

U.S. spot bitcoin exchange-traded funds (ETFs) have experienced a resurgence in weekly inflows, attracting $304.73 million between October 19 and October 23. This marks a significant reversal from the previous week’s $229 million in outflows.

Meanwhile, ether funds continued to face pressure, recording outflows totaling $220.60 million. Amidst these movements, zcash emerged as a notable performer among altcoins, demonstrating the strongest flow activity.

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