Inflows returned spot Bitcoin ETFs in the U.S. returned on Tuesday, as Bitcoin briefly surged past $113,000 while gold witnessed a sharp sell-off on the day.
Summary
- Spot Bitcoin ETFs ended their outflow streak with $477 million in inflows on Tuesday.
- Inflows were triggered by a Bitcoin rally to $113k as Gold and Silver prices fell on the day.
According to data from SoSoValue, the 12 spot Bitcoin ETFs saw $477.19 million in net inflows on Oct. 21, snapping a four-day outflow streak during which over $1 billion exited the funds.
BlackRock’s IBIT saw the most inflows with $210.9 million entering the fund, while ARK 21Shares’ ARKB followed with $162.85 million.
Additional inflows came from Fidelity’s FBTC and Bitwise’s BITB, among others, bringing in a combined $103.44 million, while none of the ETFs recorded any net outflows on the day.
Despite over $1.23 billion in net outflows recorded last week, these funds have still amassed $4.21 billion in net inflows so far in October, surpassing September’s total of $3.53 billion.
Historically, the fourth quarter was the strongest for Bitcoin ETFs following their 2024 debut. Over $16 billion flowed into the 12 offerings during this period. If this seasonal trend holds, similar demand may follow through in Q4 2025, particularly if geopolitical tensions like the U.S.–China tariff dispute begin to ease.
Inflows into Bitcoin ETFs were accompanied by a sharp Bitcoin rally on Tuesday, with the flagship crypto climbing to a daily high of $113,996.35, its highest since Oct. 15 and nearly 9% above its recent low of $104,778 seen on Friday.
Bitcoin’s rally followed a sell-off across the precious metals market. Gold fell over 5% marking its worst single-day drop in five years, while silver plummeted nearly 8%. This sudden crash sparked a capital flight to alternative “safe-haven” assets like Bitcoin.
Investor demand also likely improved as key U.S. officials hinted that the prolonged government shutdown may be nearing a resolution, helping lift broader market confidence, especially in crypto, which has been sensitive to macro uncertainty in recent weeks.
Looking ahead, investor focus now shifts to the upcoming U.S. Consumer Price Index (CPI) report, scheduled for Friday, Oct. 24. Forecasts suggest a 3.1% year-over-year increase for September. As such, markets are largely expecting the Federal Reserve to cut interest rates by 25 basis points at its policy meeting next week, which is typically beneficial for risk assets like Bitcoin.
As of press time, Bitcoin (BTC) has parted with some of its gains seen on Tuesday. The bellwether crypto asset was trading at $108,124, down nearly 14% from its all-time high.
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
