Bitcoin ETFs Surge Back With Record 241M Dollar Inflows

Bitcoin ETFs Surge Back With Record 241M Dollar Inflows

just in: Bitcoin ETFs Surge Back With Record 241M Dollar Inflows Bitcoin exchange-traded funds (ETFs) bounced back sharply on September 24, recording $241 million in net inflows after two straight days of investor withdrawals, according to data from SoSoValue.

The turnaround comes after a combined 244 million Dollars in outflows on September 23 and a larger 439 million Dollars exite the day before, as markets adjusted to the Federal Reserve’s recent rate cut and awaited fresh U.S. inflation data.

Bitcoin ETFs Surge Back With Record 241M Dollar Inflows

BlackRock’s iShares Bitcoin Trust (IBIT) led yesterday’s inflows with 128.9 million dollars, bringing its cumulative net inflows to 60.78 billion and total net assets to 87.2 billion.

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Ark Invest and 21Shares’ ARKB followed with 37.7 million in net inflows, raising its historical total to 2.18 billion.

Fidelity’s FBTC also attracted 29.7 million, while Bitwise’s BITB added $24.7 million.

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