Bitcoin Spot ETF Sees Major Inflows, Led by BlackRock’s $166 Million Addition

The Bitcoin Spot ETF market recently saw a significant net inflow of $188 million on October 24, with BlackRock’s IBIT ETF leading the charge, adding $166 million, according to Sosovalue. This surge continues a trend of strong inflows from October 11, with only one day of minor outflows recorded. Analysts believe this momentum highlights institutional interest in Bitcoin as an inflation hedge and showcases growing confidence in the resilience of the crypto market, even amid the uncertain macroeconomic landscape.