Key Takeaways
- • US spot Bitcoin ETFs recorded net inflows of USD 137.33 million on October 28, according to TokenPost citing SoSoValue, marking the third consecutive session of positive flows.
- • BlackRock's IBIT drove the inflows with USD 136.01 million, while only two of the 12 listed US spot Bitcoin ETFs posted inflows that day.
- • Total ETF trading volume reached USD 1.26 billion and total net assets stood at USD 104.88 billion, with IBIT holding USD 66.13 billion.
- • Bitcoin traded near USD 81,079 in a later Berlin-time snapshot, roughly 27 percent below the 52-week high of USD 111,585.8.
- • Daily inflows were about 22 percent lower than the prior session, so a single day's balance does not yet indicate a sustained shift in positioning.
Summary
Demand through US spot Bitcoin ETFs provided a constructive backdrop for Bitcoin on October 29. Data reported by TokenPost, citing SoSoValue, showed net inflows of USD 137.33 million on October 28, the third consecutive session of positive flows.
The inflows were concentrated in a small number of products. Only two of the 12 listed US spot Bitcoin ETFs recorded inflows that day. BlackRock's IBIT attracted USD 136.01 million, while Bitwise's BITB received USD 1.32 million. TokenPost reported total ETF trading volume of USD 1.26 billion and total net assets of USD 104.88 billion, with IBIT holding the largest share at USD 66.13 billion. TokenPost also noted that daily inflows were about 22 percent lower than in the previous session.
Investing.com showed the Bitcoin price at USD 81,079.4 at 18:23:55 Berlin time on October 29, a change of USD 245.4 (0.30 percent) and a 24-hour volume of USD 30.05 billion. The listed market capitalization was USD 1.63 trillion. The page's 52-week range of USD 57,832.5 to USD 111,585.8 places the price well below the annual high. Circulating supply was listed at 20.11 million BTC against a maximum of 21.00 million BTC. The quote is a later intraday snapshot and differs from the UTC daily reference point of 00:00 UTC on October 29.
The source cautions that a single session of flows is not evidence of a lasting change in investor positioning. Investors would need to see inflows persist across several sessions to draw a stronger conclusion. ETF flows are an observable channel for institutional demand but do not set the Bitcoin price on their own. Trading volume and the distance from the annual high provide more useful context, and the data should be read as market context rather than a standalone signal given Bitcoin's continuous trading and high volatility.
The inflows were concentrated in a small number of products. Only two of the 12 listed US spot Bitcoin ETFs recorded inflows that day. BlackRock's IBIT attracted USD 136.01 million, while Bitwise's BITB received USD 1.32 million. TokenPost reported total ETF trading volume of USD 1.26 billion and total net assets of USD 104.88 billion, with IBIT holding the largest share at USD 66.13 billion. TokenPost also noted that daily inflows were about 22 percent lower than in the previous session.
Investing.com showed the Bitcoin price at USD 81,079.4 at 18:23:55 Berlin time on October 29, a change of USD 245.4 (0.30 percent) and a 24-hour volume of USD 30.05 billion. The listed market capitalization was USD 1.63 trillion. The page's 52-week range of USD 57,832.5 to USD 111,585.8 places the price well below the annual high. Circulating supply was listed at 20.11 million BTC against a maximum of 21.00 million BTC. The quote is a later intraday snapshot and differs from the UTC daily reference point of 00:00 UTC on October 29.
The source cautions that a single session of flows is not evidence of a lasting change in investor positioning. Investors would need to see inflows persist across several sessions to draw a stronger conclusion. ETF flows are an observable channel for institutional demand but do not set the Bitcoin price on their own. Trading volume and the distance from the annual high provide more useful context, and the data should be read as market context rather than a standalone signal given Bitcoin's continuous trading and high volatility.
Go deeper than the headline
Research every firm in this story, track the ones that matter and get the daily briefing — free for 7 days.