US Spot Bitcoin ETFs Return to Net Inflows in One Day, Adding $175.62 Million
U.S. spot Bitcoin exchange-traded funds returned to net inflows one day after posting a large net outflow.According to Trader T, U.S. spot Bitcoin ETFs recorded total net inflows of $175.62 million in the previous session on October 14. The products had posted net outflows of $65.4 million in the prior trading session, but swung back to net inflows a day later.By product, Fidelity’s FBTC led with $103.06 million in inflows. BlackRock’s IBIT also attracted $65.89 million.Morgan Stanley’s MSBT posted net inflows of $6.67 million. The remaining products recorded no net inflows or outflows.So far this month, U.S. spot Bitcoin ETFs have posted cumulative net outflows of $276.2 million. Cumulative net inflows for the year stand at $654.2 million.