Green Streams: $1.07B Into Bitcoin ETFs, 500 $BTC to Coinbase Prime

U.S. spot Bitcoin ETFs drew $1.0747 billion in net inflows across three trading sessions from October 19 through yesterday, October 21.

Net inflows reached $526.7 million on Monday, October 19, $23.2 million on Tuesday and $524.8 million on Wednesday. Monday’s $526.7 million total was primarily driven by $665.2 million entering the market.

Wednesday’s rebound was driven by BlackRock’s iShares Bitcoin Trust (IBIT), which attracted $235 million, and Fidelity’s FBTC, which recorded $212.7 million in inflows. Grayscale’s GBTC added $32.6 million, while Bitwise’s BITB attracted $19.2 million. Other funds also posted inflows: ARKB at $9.8 million, EZBC at $7.3 million and the fund listed as BTC at $8.2 million.

Tuesday’s activity was considerably weaker. IBIT attracted $29.9 million and FBTC added $3.6 million, while BITB recorded $10.3 million in outflows, leaving the market with $23.2 million in net inflows.

A wallet linked to convicted Irish drug trafficker Clifton Collins moved another 500 $BTC, worth approximately $41 million, to a Coinbase Prime deposit address. The transfer was the latest movement involving Collins’ long-dormant cryptocurrency fortune.