

BlackRock’s IBIT saw significant inflows of $329 million on October 21 after Bitcoin dropped by 3%. Fidelity’s Wise Origin Bitcoin Fund was the only other U.S. spot Bitcoin ETF to record an inflow, with $5.9 million, while other Bitcoin ETFs saw negative or zero flows. This marks the third time in four days that IBIT received over $300 million in inflows, bringing its total to over $23 billion. Bitcoin’s price fell to $66,975 after failing to break the $70,000 resistance, while speculation on the U.S. election has contributed to Bitcoin's recent price movements. Source: Cointelegraph
