Bitcoin ETFs Remove Nearly Five Times Daily Supply as Ethereum ETFs See Strong Rebound

According to the latest data from Farside Investors, bitcoin {{btc}} exchange-traded funds (ETFs) saw an inflow of $136.0 million on Sept. 24. Leading this surge was BlackRock’s IBIT ETF, which experienced a significant inflow of $98.9 million, marking its largest inflow since Aug. 26. This brings IBIT’s total net inflows to over $21 billion, reinforcing its number one position in the market. Other notable contributors included Fidelity’s FBTC, with $16.8 million in net inflows, and Bitwise’s BITB, which attracted $17.4 million.

Source: https://www.coindesk.com/markets/2024/09/25/bitcoin-etfs-remove-nearly-five-times-daily-supply-as-ethereum-etfs-see-strong-rebound/?utm_medium=referral&utm_source=rss&utm_campaign=headlines