Overview
- US spot Bitcoin ETFs recorded two straight inflow days that added about $286 million and trimmed October’s net outflows to roughly $26 million by Oct. 28.
- BlackRock’s iShares Bitcoin Trust (IBIT) holds roughly $64.8 billion of about $102.8 billion in category assets and took all $110.3 million of reported net inflows on Monday, Oct. 26.
- The month has been volatile, with IBIT posting a $665 million single‑day inflow on Oct. 19 followed by a category net outflow near $635 million on Oct. 22.
- Spot Ether ETFs moved in the opposite direction, recording roughly $1.3–1.32 billion of withdrawals for October and a $21.41 million outflow on Oct. 28.
- Trading volumes far exceeded net creations on key days, such as $1.86 billion of Bitcoin‑ETF trading on Oct. 26, which points to position rotation rather than large amounts of new capital flowing into the underlying spot markets.