Bitcoin spot ETFs draw $137.33 million in third straight session of inflows

U.S. spot bitcoin ETFs posted a third consecutive session of net inflows, although the daily total fell about 22%. IBIT attracted $136.01 million and BITB drew $1.32 million.

The U.S. spot bitcoin ETF market extended its inflow streak to three trading sessions.

Data from SoSoValue showed net inflows of $137.33 million on October 28.

The streak began on October 26. Daily inflows declined about 22% from the previous session, while cumulative net inflows reached $57.61 billion.

Only two of the 12 ETFs recorded inflows: BlackRock’s IBIT, with $136.01 million, and Bitwise’s BITB, with $1.32 million.

Total trading volume reached $1.26 billion. BlackRock’s IBIT led with $930.46 million, followed by Fidelity’s FBTC at $178.05 million and Grayscale’s GBTC at $43.71 million.

Total net assets stood at $104.88 billion, equivalent to about 6.41% of bitcoin’s market capitalization. BlackRock’s IBIT held the most net assets at $66.13 billion, followed by Fidelity’s FBTC at $14.31 billion and Grayscale’s GBTC at $10.21 billion.