Spot Bitcoin ETFs attract $301 million despite late-week outflows

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US spot Bitcoin exchange-traded funds (ETFs) recorded approximately $301.2 million in net inflows in the week ending 23 October, ending two consecutive weeks of withdrawals despite $773.5 million leaving the funds on Thursday and Friday, according to Farside Investors data.

BlackRock’s iShares Bitcoin Trust (IBIT) led weekly inflows with $565.7 million, while the other Bitcoin funds collectively lost around $264.5 million. Bitcoin ETFs attracted more than $1 billion during the first three trading sessions before outflows of $635.6 million on Thursday and $137.9 million on Friday.

Spot Ether ETFs recorded approximately $220.7 million in net outflows, extending their losing streak to four weeks. XRP funds attracted fresh inflows during Thursday’s broader sell-off, highlighting differences in investor demand across crypto assets.