Coinspeaker
Bitcoin ETFs Record $556M Inflows, Marking Largest Day Since June
US spot Bitcoin exchange-traded funds (ETFs) saw their largest single-day inflow in over four months, pulling in over $500 million. On October 14, 11 ETFs together recorded net inflows of $555.9 million, the highest since early June, according to Farside Investors. This surge followed Bitcoin’s price jump to a two-week high of $66,400 during late trading.
Nate Geraci, President of ETF Store, called it a “monster day” for spot Bitcoin ETFs. He highlighted that net inflows over the past ten months are approaching $20 billion. In an October 15 X post, he noted the demand far exceeded expectations, driven mainly by advisers and institutional investors rather than retail traders.
Monster day for spot btc ETFs…
$550mil inflows.
Now approaching *$20bil* net inflows in 10mos.
Simply ridiculous & blows away every pre-launch demand estimate.
This is NOT “degen retail” $$$ IMO.
It’s adviso
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