Key Insights

• Crypto ETFs turned green on October 21 as spot Bitcoin funds drew $528.40 million.
• BlackRock’s IBIT led Bitcoin inflows with $235 million.
• BTC trades near $81,650 with bearish short-term signals.

U.S. spot crypto ETFs posted a strong session on October 21, with Bitcoin funds pulling in $528.40 million and Ethereum products adding $14.96 million, according to SoSoValue data.

The green numbers stand out against BTC’s price chart. Bitcoin price slipped from near $84,900 to around $81,650 over the same stretch, so institutional buyers and short-term traders appear to be pulling in different directions.

Crypto ETFs Draw $528M Into Bitcoin as BlackRock’s IBIT Leads With $235M

BlackRock’s iShares Bitcoin Trust (IBIT) did most of…