On October 19, BlackRock’s IBIT fund attracted 665.16 million dollars while the entire American spot bitcoin ETF market only received 526.6 million. The two biggest rivals alone lost the equivalent of the gap. Demand is not returning, it is concentrating. The figures reveal a striking contrast. Alone, IBIT attracted more capital than the entire American spot Bitcoin ETF market. Indeed, the 665.16 million dollars collected by BlackRock exceed by 138.6 million the net flow of all funds combined.