US Bitcoin Spot ETF Inflows Surge to $494M Amid Market Recovery

September 28, COINOTAG news reveals a significant movement in the US Bitcoin spot ETF market. Yesterday observed a remarkable net inflow of $494 million, marking the most substantial single-day performance since the market downturn in Q2. Farside investors data highlights notable inflows including $203 million for ARKB, $123 million for Fidelity FBTC, and $26.2 million for Grayscale GBTC. In addition, Bitwise’s BITB saw an inflow of $12.9 million, VanEck’s HODL received $11.2 million, and both Invesco BTCO and Valkyrie’s BRRR reported $3.3 million inflows. Data from Trader T further indicates that BlackRock’s IBIT experienced a net inflow of $111 million yesterday. This data underscores the growing investor confidence and significant capital inflows into Bitcoin-related financial products, pointing to a resurgence in market interest.

Source: https://en.coinotag.com/breakingnews/us-bitcoin-spot-etf-inflows-surge-to-494m-amid-market-recovery/