U.S. spot Bitcoin exchange-traded funds (ETFs) continued their strong October run, recording $197.8 million in net inflows on October 9, according to data from SoSoValue. The surge reflects renewed institutional interest in Bitcoin as the asset trades near record highs. The latest inflows pushed cumulative totals for U.S. Bitcoin spot ETFs to $62.77 billion, with total net assets reaching $164.79 billion and daily trading volume climbing to $5.32 billion. Bitcoin ETFs now represent roughly 6.8% of Bitco ...

U.S. spot Bitcoin exchange-traded funds (ETFs) have recorded their strongest inflows in nearly three months, showing a renewed wave of institutional interest as Bitcoin traded near record highs. According to data from Farside Investors, Bitcoin ETFs attracted $1.19 billion in net inflows on Monday, the highest single-day total since July 10, when inflows reached $1.18 billion. BlackRock’s iShares Bitcoin Trust (IBIT) dominated the surge, accounting for more than 81% of total inflows with $970 million add ...