Key Points
Bitcoin ETFs recorded $555.8 million in inflows yesterday, with Fidelity’s FBTC as leader. BTC price is trading above $65,000.
The US-based Bitcoin ETFs recorded their biggest inflow day on October 14 in over four months.
Yesterday, the crypto products saw $555.8 million in influxes, the most significant amount since June 4th when the BTC ETFs recorded $886.7 million in inflows, accord
In-Depth Details About October 14 BTC ETFs Inflows
Here are all the inflows in US BTC ETFs yesterday: Fidelity's Bitcoin ETF, FBTC, saw the largest inflow, at over $239 million. Bitwise's Bitcoin ETF, BITB, has seen over $1.5 million in inflows. BlackRock's Bitcoin ETF, IBIT, saw inflows of $79.51 million.Ark Invest and 21Shares' Bitcoin ETF, ARKB, has nearly $69.8 million in inflows.Grayscale's Bitcoin ETF, GBTC, saw $37.7 million in inflows.VanEck's Bitcoin ETF, HODL, saw inflows of over $11 million.Franklin Templeton's Bitcoin ETF , EZBC, recorded inflows of $5.73 million. Invesco's Bitcoin ETF, BTCO, saw over $4.9 billion in inflows.Grayscale's Bitcoin ETF , BTC, has seen nearly $1 million in inflowsValkyrie's Bitcoin ETF , BRRR, saw $2.8 million in inflows.Other Bitcoin ETFs in the US saw no or no outflows yesterday.
According to the same data from SoSoValue, the total net assets locked in Bitcoin ETFs were almost $61.9 billion as of October 14, and the cumulative total net inflow in the crypto products since their launch in January was $19.3 billion. It’s also worth noting that yesterday, BTC’s price topped $66,000 – the first time since last month – ahead of a slight correction.
BTC Price Trades Above $65,000
At the moment of writing this article, BTC is trading above $65,000, up by over 2.5% in the past 24 hours. BTC started the second week of October with a significant rally, rising from around $62,000 to over $66,000 yesterday. The price increase of the coin comes after last weekend, which saw a notable political event preventing a potential third assassination against former President Donald Trump. This week brings important macroeconomic data from the United States, with retail sales for September and jobless claims for the week, due out on October 17. These data could impact the trajectory of Bitcoin's price, so they deserve to be.