U.S. Bitcoin ETFs See $494 Million Surge in Six-Day Inflow Streak

On September 27, U.S. spot Bitcoin ETFs recorded net inflows totaling $494.27 million, continuing a positive trend that began on September 19.

Over the past six days, none of the approved ETFs reported outflows, with just four showing no activity.

Ark & 21Shares’ ARKB led the pack with inflows of $203.07 million, raising its cumulative total to $2.72 billion, a notable increase from $113.8 million the previous day. Fidelity’s FBTC followed with $123.61 million, up from $74 million on September 26. BlackRock’s iShares Bitcoin Trust (IBIT) also saw inflows of $110.82 million, marking five consecutive days of gains, bringing its cumulative net inflow to $21.42 billion, making it the top spot Bitcoin ETF.

Grayscale’s GBTC saw inflows of $26.15 million after reporting outflows of $7.7 million the day prior. Bitwise’s BITB came next with $12.91 million in inflows, though down from $50.4 million the day before, bringing its total to $2.15 billion. VanEck’s HODL added $11.17 million, reaching a cumulative $650.13 million.

READ MORE:

Bitcoin Must Hold Above This Level to Preserve Momentum, Analytics Firm Warns

Invesco’s BTCO and Valkyrie’s BRRR had smaller inflows of $3.28 million and $3.26 million, respectively, both declining from the previous day’s figures. Other funds, including Grayscale’s BTC and WisdomTree’s BTCW, did not see any activity, and no outflows were recorded across the ETFs.

Collectively, Bitcoin ETFs have brought in $18.69 billion in cumulative net inflows, an increase from $18.31 billion on September 26, with total net assets across all Bitcoin spot ETFs amounting to $61.21 billion, representing 4.71% of Bitcoin’s market capitalization.

Kosta Gushterov

Kosta has been working in the crypto industry for over 4 years. He strives to present different perspectives on a given topic and enjoys the sector for its transparency and dynamism. In his work, he focuses on balanced coverage of events and developments in the crypto space, providing information to his readers from a neutral perspective.