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      Bitcoin Spot ETFs Experience $21 Million in Net Inflows on October 9

      On October 9, 2026, U.S. spot Bitcoin exchange-traded funds (ETFs) recorded net inflows of $21.13 million, according to data from SoSoValue. This uptick follows a challenging period for these funds, which had seen outflows of $244.1 million the previous day. The inflows are primarily attributed to BlackRock's iShares Bitcoin Trust, known by its ticker IBIT, which alone accounted for $22.38 million of the total inflow, surpassing the entire category's net figure for the day.

      In contrast, Ethereum ETFs continued to struggle, experiencing a net outflow of $56.10 million on the same day, marking their ninth consecutive session of redemptions. BlackRock's ETHA was a significant contributor to these withdrawals, highlighting a stark divergence in investor sentiment between Bitcoin and Ethereum products. While Bitcoin ETFs have accumulated approximately $57.11 billion in net inflows since their launch in January 2024, Ethereum ETFs have faced ongoing challenges, with total assets under management for Bitcoin ETFs now around $105.84 billion.

      The daily flow data is closely monitored by institutions as it provides insights into market sentiment regarding Bitcoin and Ethereum. The recent inflow into Bitcoin ETFs suggests that investors are selectively favoring Bitcoin over Ethereum, indicating a potential shift in investment strategies within the cryptocurrency market.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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