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The Financial Ways
The Financial Ways
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Cryptocurrency

BlackRock Dominates as Bitcoin ETFs See $440 Million Inflow Streak

U.S. spot Bitcoin exchange-traded funds pulled in $440.8 million over four consecutive trading sessions ending October 29. BlackRock’s IBIT led the surge, capturing the vast majority of new capital before a significant market shift triggered by the $6.3 billion Binance security breach later that week.

BlackRock Dominates as Bitcoin ETFs See $440 Million Inflow Streak

Data from Farside Investors confirms that the four-day inflow streak successfully recovered roughly 57% of the capital lost during the previous week’s heavy outflows. BlackRock’s IBIT accounted for $410.6 million of the total, representing 93.1% of all net inflows during the period. The remainder was bolstered by $35 million from Fidelity’s FBTC, $10.1 million from Bitwise’s BITB, and $4.2 million from Morgan Stanley’s MSBT. These gains were partially offset by $19.1 million in withdrawals from Grayscale’s Bitcoin Mini Trust and WisdomTree’s BTCW.

The momentum slowed significantly by Thursday, which saw net inflows of only $17.2 million—a sharp decline from the $137.3 million recorded just 24 hours prior. While the ETFs showed resilience, the reporting window concludes before the market impact of the Binance hack became fully apparent. As Bitcoin prices dipped below $77,000 following the exchange’s security disclosure, attention has shifted toward whether institutional demand can maintain stability amid concerns over token liquidity and exchange reserves.

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