Bitcoin ETFs Pull In $1.07B as Irish Drug Trafficker-Linked Pockets Strikes $41M

U.S. spot Bitcoin ETF attracted greater than $1.07 billion in web inflows over three buying and selling periods from October 19 by yesterday, October 21, whereas a pockets linked to convicted Irish drug trafficker Clifton Collins moved one other 500 BTC price roughly $41 million to a Coinbase Prime deposit deal with.

The ETF figures present a pointy restoration in institutional funding demand, whereas the newest Bitcoin switch provides one other chapter to the thriller surrounding Collins’ long-dormant cryptocurrency fortune.

Bitcoin ETF Inflows Prime $1 Billion in Three Days

Bitcoin ETF pulled $1.07 billion in three days as a wallet linked to Irish drug trafficker Clifton Collins moved 500 BTC to Coinbase Prime.

US spot Bitcoin ETFs recorded $526.7 million in web inflows on Monday, October 19, adopted by $23.2 million on Tuesday and $524.8 million on Wednesday. The mixed whole reached $1.0747 billion throughout the three periods.

Wednesday’s rebound was pushed by BlackRock’s iShares Bitcoin Belief (IBIT), which attracted $235 million, and Constancy’s FBTC, which recorded $212.7 million in inflows. Grayscale’s GBTC added $32.6 million, whereas Bitwise’s BITB attracted $19.2 million.

Different funds additionally recorded optimistic flows, together with ARKB at $9.8 million, EZBC at $7.3 million, and the fund listed as BTC at $8.2 million.

Tuesday’s exercise was significantly weaker. IBIT attracted $29.9 million, and FBTC added $3.6 million, whereas BITB recorded $10.3 million in outflows, leaving the market with $23.2 million in web inflows.

Monday’s $526.7 million whole was primarily pushed by $665.2 million coming into IBIT, partially offset by $54.9 million in outflows from GBTC and $83.6 million from FBTC.

The three-day figures present renewed demand for regulated Bitcoin funding merchandise. The subsequent periods will assist set up whether or not the inflows mark a sustained restoration or a short-term surge concentrated in a number of giant funds.

Uncover: The Crypto Presales This This autumn 2026

Irish Drug Trafficker-Linked Pockets Strikes One other $41M

A pockets linked by blockchain analytics agency Arkham Intelligence to Clifton Collins transferred one other 500 BTC, price $41 million, to Coinbase Prime on October 20. The motion was reported because the fifth 500 BTC switch from Collins-linked holdings throughout 2026, extending a sequence of transactions which have drawn consideration to the standing of the long-dormant Bitcoin.

Bitcoin ETF pulled $1.07 billion in three days as a wallet linked to Irish drug trafficker Clifton Collins moved 500 BTC to Coinbase Prime.
Clifton Collins Linked Pockets, Arkham

Collins gathered 6,000 BTC in 2011 and 2012 utilizing proceeds from drug dealing. Following his arrest in 2017, the printed copies of his pockets keys have been reportedly discarded by his landlord, leaving the Bitcoin believed to be inaccessible.

The current actions have raised questions on how entry to the holdings was restored and who licensed the transfers. Arkham’s monitoring signifies that roughly 2,500 BTC from Collins-linked holdings have moved throughout 2026, leaving round 3,500 BTC in related wallets.

The transfers have coincided with cryptocurrency seizures publicly introduced by Eire’s Prison Property Bureau (CAB). The company has reported seizures of Bitcoin linked to Collins in the course of the 12 months.

The remaining holdings are an vital a part of the story. Additional transfers, an official assertion from Irish authorities or affirmation from Coinbase might make clear whether or not the funds are below state management, being held in custody or transferring for an additional cause.

Bitcoin ETF Demand Returns as Massive Holdings Transfer

Bitcoin (BTC)24h7d30d1yAll time

Again to Bitcoin motion, the $1.07 billion in three-day web inflows offers a contemporary measure of demand for U.S. spot Bitcoin ETFs. On the identical time, the Collins-linked pockets actions show that substantial quantities of long-dormant Bitcoin can re-enter circulation.

The 2 developments spotlight totally different features of the Bitcoin market: rising funding by regulated funds and the persevering with motion of a crypto fortune that was believed to have been misplaced.

Uncover: The Finest Token Presales

The submit Bitcoin ETFs Pull In $1.07B as Irish Drug Trafficker-Linked Pockets Strikes $41M appeared first on Cryptonews.

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