Key Takeaways
- • BlackRock's iShares Bitcoin Trust (IBIT) attracted $565.7 million in net Bitcoin inflows from October 19 to 23, 2026, making it the top U.S. spot Bitcoin ETF performer for the period, according to Pluang.
- • Despite late-week outflows, IBIT finished the week with strong net gains, reflecting renewed institutional demand for Bitcoin ETFs.
- • Bitcoin ETFs have surpassed corporate treasuries as a source of Bitcoin buying, per the original report.
- • Ethereum ETFs recorded $220.7 million in outflows over the same period, signaling an institutional preference for Bitcoin over Ether.
- • Rising U.S. producer prices and potential Federal Reserve rate hikes are cited as macroeconomic risks to Bitcoin's price trajectory.
Summary
BlackRock's iShares Bitcoin Trust (IBIT) attracted $565.7 million in net Bitcoin inflows between October 19 and October 23, 2026, according to Pluang's report on the fund. The figure made IBIT the top-performing U.S. spot Bitcoin ETF over the period. Although the fund saw some outflows late in the week, it closed the period with strong net gains, a pattern the report attributes to renewed institutional demand for Bitcoin exposure through regulated vehicles.
The report highlights that spot Bitcoin ETFs have now surpassed corporate treasuries as a source of Bitcoin buying, underscoring the growing role of institutional allocators in the asset class. In contrast, Ethereum ETFs recorded $220.7 million in outflows during the same window, which the report cites as evidence of a preference for Bitcoin over Ether among institutional investors.
The report flags macroeconomic risks that could affect Bitcoin's price direction. Rising U.S. producer prices and the possibility of Federal Reserve rate hikes are identified as factors that could weigh on the asset going forward.
Pluang's same-day market snapshot, as of October 25, 2026 at 17:21 WIB, showed that 7 of 50 major cryptocurrencies priced on the platform rose while 42 fell. Harmony (ONE) was among the notable decliners, with a 4.47% drop, and its Pluang order activity showed 63% buy orders against 37% sell orders. The snapshot is a retail trading indicator and is secondary to the ETF flow data.
The report highlights that spot Bitcoin ETFs have now surpassed corporate treasuries as a source of Bitcoin buying, underscoring the growing role of institutional allocators in the asset class. In contrast, Ethereum ETFs recorded $220.7 million in outflows during the same window, which the report cites as evidence of a preference for Bitcoin over Ether among institutional investors.
The report flags macroeconomic risks that could affect Bitcoin's price direction. Rising U.S. producer prices and the possibility of Federal Reserve rate hikes are identified as factors that could weigh on the asset going forward.
Pluang's same-day market snapshot, as of October 25, 2026 at 17:21 WIB, showed that 7 of 50 major cryptocurrencies priced on the platform rose while 42 fell. Harmony (ONE) was among the notable decliners, with a 4.47% drop, and its Pluang order activity showed 63% buy orders against 37% sell orders. The snapshot is a retail trading indicator and is secondary to the ETF flow data.
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