U.S. Bitcoin Funds Attract $524.8 Million as Inflows Broaden Across Products
Key Facts
U.S. bitcoin funds attracted net inflows of $524.8 million in the 21 October 2026 session, according to Farside Investors data, with incoming money spread across a range of products. IBIT led inflows, receiving $235.0 million during the session. FBTC followed with $212.7 million, with the two accounting for the bulk of inflows into bitcoin products. Inflows extended to GBTC, which attracted $32.6 million, though trailing the two leading funds. BITB recorded inflows of $19.2 million, while ARKB received $9.8 million. BTC attracted inflows of $8.2 million in the same session. EZBC also received $7.3 million, broadening the list of products drawing money beyond the two funds that led the session's total.
The figures followed shifts in the distribution of flows among bitcoin funds in previous sessions, according to Farside Investors' historical records. In the 19 October 2026 session, IBIT received inflows of $665.2 million. By contrast, FBTC recorded outflows of $83.6 million during that session, before subsequently switching to inflows. In the 20 October session, inflows into IBIT totaled about $29.9 million, while FBTC received $3.6 million. BITB recorded outflows of $10.3 million in that session, before it too switched to inflows in the following session.
Among ether products, net inflows totaled $14.9 million on 21 October 2026, according to Farside Investors data, with flows varying across funds. ETH received inflows of $28.1 million, leading the products cited in the session's figures. FETH attracted $13.0 million, against outflows of $29.3 million from ETHA. The overall total was therefore positive despite money leaving ETHA, as inflows into other products exceeded those outflows. Grayscale's mini ether product, trading under the ticker ETH, was launched with initial funding through a distribution of 10% of the underlying ether held by ETHE, according to a Grayscale disclosure filed with the U.S. Securities and Exchange Commission.
IBIT aims to track the cryptocurrency's price, with BlackRock stating on the official product page that it "seeks to reflect the performance of the price of bitcoin." The fund's stated sponsor fee is 0.25%, according to the fees listed in its prospectus. U.S. approval for the listing and trading of shares in several spot bitcoin products dates to 10 January 2024, when the Securities and Exchange Commission authorized them. On 29 July 2025, the SEC allowed in-kind creation and redemption of shares in bitcoin and ether products, after those transactions had been limited to cash. Jamie Selway, director of the SEC's Division of Trading and Markets, said "in-kind creation and redemption provide flexibility and cost savings to exchange-traded product issuers, authorized participants and investors, resulting in a more efficient market."
In the cryptocurrency market, bitcoin rose as its funds recorded inflows in the 21 October 2026 session. Investing's historical price table showed a daily price of $84,078.1 for the cryptocurrency, up 1.28%. Ether also posted gains on the same day, alongside positive net flows into its funds. Its daily price stood at $2,473.32, up 0.98%, according to the same source's historical price table. The fund activity and gains in both cryptocurrencies come ahead of the next Federal Open Market Committee meeting, scheduled for 27 and 28 October 2026, according to the Federal Reserve's meeting calendar.