Bitcoin ETFs draw $1.07 billion over three sessions

U.S. spot Bitcoin exchange-traded funds drew about $1.07 billion in net inflows over three trading sessions through October 21, reversing recent withdrawals even as Bitcoin’s price fell back from a brief rise toward $85,000. Farside Investors’ figures show the funds received $526.7 million on October 19, $23.2 million on October 20 and $524.8 million on October 21, for a combined $1.0747 billion. Another data provider put the October 21 inflow at about $528 million and the three-session total at roughly $1.08 billion. The totals are rounded estimates from different datasets. BlackRock’s iShares Bitcoin Trust, known as IBIT, and Fidelity’s FBTC accounted for most of the October 21 inflows. IBIT received $235 million and FBTC took in $212.7 million, a combined $447.7 million. Grayscale’s Bitcoin Trust added $32.6 million, while Bitwise’s BITB received $19.2 million, according to the reported fund-level figures. The recent purchases shifted October’s cumulative Bitcoin ETF flows back into positive territory. Reports put the month-to-date net total at about $460 million to $461 million. That followed substantial withdrawals earlier in October, including $228.4 million in net...