Blackrock Drives $305M Bitcoin ETF Comeback With $676M Inflow
AI summary
U.S. spot bitcoin ETFs pulled in $304.73 million in the week of Oct. 19-23, reversing the prior week's $229 million in outflows, with BlackRock driving the comeback. Ether funds stayed under pressure, losing $220.60 million, while zcash posted the strongest altcoin flows. Traders watch ETF flows as a proxy for institutional demand, and the swing back to net bitcoin inflows signals renewed appetite after a brief pullback.
