Important points
- Net inflows into Bitcoin ETFs totaled $21 billion, an all-time high.
- ARKB and IBIT were the top performers and contributed significantly to this week's rally.
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US Spot Bitcoin ETFs saw total net inflows reach $21 billion on Friday as investor appetite for these funds remained strong. These ETFs collectively made more than $2 billion in gains this week, extending their winning streak to six straight days, according to data from Farside Investors.
Yesterday alone, the Spot Bitcoin ETF excluding Valkyrie’s BRRR attracted approximately $273 million in net purchases. ARK Invest's ARKB led the group with approximately $110 million.
BlackRock’s IBIT also recorded net inflows of over $70 million on Friday, followed by VanEck’s HODL, Bitwise’s BITB, Fidelity’s FBTC, and Invesco’s BTCO.
IBIT and ARKB were the best performing Bitcoin ETFs this week. Fund inflows into ARKB skyrocketed, exceeding $100 million on both Thursday and Friday.
Meanwhile, half of the group's inflows came from IBIT. As of October 18th, it had over $23 billion in net inflows, solidifying its position as the world's best Bitcoin ETF.
Due to Friday's strong performance, Bitcoin ETFs had no negative inflows in the first week. Even Grayscale's GBTC, known for its reputation for historic outflows, reversed the trend with net inflows of over $91 million.
Bitcoin ETF options to increase liquidity and attract more investors
The SEC on Friday approved the NYSE and CBOE's proposal to list options on a spot Bitcoin ETF. Although the exact launch date has not yet been determined, ETF experts say the approval will expand market access for crypto-related financial products on major U.S. exchanges.
ETF Store President Nate Geraci believes options trading in spot Bitcoin ETFs will increase liquidity around Bitcoin. ETF, Attracting more players to the market and making the entire ecosystem more robust.
“Regarding the potential impact here, I I think I have a choice Bitcoin ETF spot trading is clearly better. Because all that options trading does is increase the liquidity of the Spot Bitcoin ETF,” Geraci said on a recent episode of Thinking Crypto. “This is going to force more players into this space, especially players within the organization. For me, it's just a matter of whole spot The Bitcoin ETF ecosystem has become more robust. ”
According to Geraci, option trading is important Especially for institutional investors hedging volatile assets like Bitcoin and implementing complex strategies.
ETF experts suggest that in addition to institutional investors, retail investors also want access to options trading for the same reasons.
“If you look at the retail side, more sophisticated retail investors also want to trade options for the same reasons,” Geraci said.
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