PiCK
US Spot Bitcoin ETFs Draw $159.5 Million in Net Inflows, Led by IBIT
Summary
- US spot Bitcoin ETFs posted total net inflows of $159.5 million, ending a two-session streak of net outflows as buying demand recovered.
- BlackRock's iShares Bitcoin Trust (IBIT) led the overall flow with net inflows of $183.7 million.
- Fidelity Wise Origin Bitcoin Fund (FBTC) and VanEck Bitcoin Trust (HODL) recorded net outflows of $16.6 million and $7.6 million, respectively.
Forecast Trend Report by Period
US spot Bitcoin exchange-traded funds returned to net inflows, ending a two-session streak of withdrawals.
According to Farside Investors, US spot Bitcoin ETFs recorded combined net inflows of $159.5 million on Sept. 17. The turnaround came after net outflows of $450.4 million on Sept. 15 and $295.9 million on Sept. 16, with buying demand recovering after two straight trading days of selling.
BlackRock's iShares Bitcoin Trust (IBIT) led the market with net inflows of $183.7 million. Fidelity's Wise Origin Bitcoin Fund (FBTC) posted net outflows of $16.6 million, while VanEck Bitcoin Trust (HODL) saw net outflows of $7.6 million.
The other spot Bitcoin ETFs showed little fund movement. Strong inflows into IBIT offset outflows from some products and lifted the overall market back into net inflow territory.
YM Lee
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