US Bitcoin Spot ETF Breaks Record with $18.31 Billion Net Inflow led by BlackRock IBIT

On September 27, according to insights from Farside Investors, the US Bitcoin spot ETF market has seen unprecedented activity, with a net inflow totaling $18.31 billion since its inception. BlackRock’s IBIT has been particularly notable, amassing a net inflow of $21.312 billion, demonstrating robust investor confidence. Meanwhile, Fidelity’s FBTC has reported an impressive net inflow of $9.862 billion. In stark contrast, Grayscale’s GBTC has faced a net outflow of $20.116 billion, indicating a potential shift in investor preference towards other ETF offerings. These figures underscore a dynamic shift in the cryptocurrency investment landscape, highlighting varying investor sentiment and strategic reallocation within the rapidly evolving Bitcoin ETF market.

Source: https://en.coinotag.com/breakingnews/us-bitcoin-spot-etf-breaks-record-with-18-31-billion-net-inflow-led-by-blackrock-ibit/