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PiCK

US Spot Bitcoin ETFs Draw $31 Million, Extend Inflow Streak to Eight Sessions

Source
Suehyeon Lee

Summary

  • US spot Bitcoin (BTC) exchange-traded funds (ETFs) continued their streak of net inflows.
  • US spot Bitcoin ETFs posted total net inflows of $31 million the previous day.
  • BlackRock’s IBIT and Grayscale Mini BTC recorded inflows, while Grayscale GBTC and Fidelity FBTC posted net outflows.

Forecast Trend Report by Period

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Photo: Farside Investors
Photo: Farside Investors

US spot Bitcoin exchange-traded funds continued to attract net inflows.

Farside Investors data showed that US spot Bitcoin ETFs recorded combined net inflows of $31 million on September 28, extending their inflow streak to eight consecutive trading sessions.

BlackRock’s IBIT led all products with $54.8 million in inflows. Grayscale Mini BTC also drew $10.3 million.

By contrast, Grayscale’s GBTC posted $23.2 million in net outflows, while Fidelity’s FBTC saw $10.9 million leave the fund. The remaining products recorded no net flows.

#Spot ETF
#Bitcoin ETF
#ETF
Suehyeon Lee

Suehyeon Lee

shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.

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