US Bitcoin Spot ETFs Witness $1.106 Billion Net Inflow This Week, Led by BlackRock’s IBIT

COINOTAG reported on September 28 that, according to data from Farside Investors, the total net inflow into US-based Bitcoin spot ETFs for the week stood at an impressive US$1.106 billion. Leading the charge, BlackRock’s IBIT attracted US$499 million, followed by Fidelity’s FBTC with US$206 million. Bitwise’s BITB saw a contribution of US$82.8 million, while ARK’s ARKB added US$269 million. Other notable inflows included Invesco BTCO at US$9.8 million, Franklin’s EZBC with US$5.7 million, and Valkyrie’s BRRR which received US$7.9 million. Additionally, VanEck’s HODL garnered US$33.3 million. Conversely, Grayscale GBTC saw a downturn with a net outflow of US$21.8 million, although its Mini BTC reported an increase of US$14.2 million. This data underscores the ongoing market interest and strategic positioning within the Bitcoin ETF sector.

Source: https://en.coinotag.com/breakingnews/us-bitcoin-spot-etfs-witness-1-106-billion-net-inflow-this-week-led-by-blackrocks-ibit/