Bitcoin ETF

Bitcoin

Million

Spot

<ul>
 <li><strong>BTC Spot ETFs attracted over $400 million in net inflows, breaking a two-week negative movement.</strong></li>  
 <li><strong>Fidelity’s FBTC led the recovery, recording over $193 million in net inflows during the week.</strong></li>  
 <li><strong>BlackRock’s IBIT saw a rare net outflow despite the overall positive direction for Bitcoin Spot ETFs.</strong></li> 
</ul>  
<p>Bitcoin Spot ETFs changed their two-week negative movement, earning over $400 million in net inflows during the past five trading days. This scored a reversal for the sector, which had previously experienced outflows and a sharp decline in the underlying asset's price</p>  
<h2 class="wp-block-heading" id="h-early-week-recovery-signals-reversal">Early Week Recovery Signals Reversal</h2>  
<p>The week started positively for Bitcoin Spot ETFs, breaking the long outflow bar that had prevailed from August 26 to September 6. During that period, the ETFs saw almost $900 million in net outflows, contributing to a price drop in BTC&nbsp; from over $65,000 to under $53,000. On Monday, however, investors turned their view, resulting in $28.6 million in net inflows.&nbsp;</p>  
<h2 class="wp-block-heading" id="h-friday-s-surge-boosts-weekly-inflows">Friday’s Surge Boosts Weekly Inflows</h2>  
<p>The momentum continued to build, with Tuesday seeing an additional $117 million in inflows. Thursday also brought in a positive $39 million, but the most notable movement occurred on Friday, when net inflows reached $263.07 million as recorded by <a href="https://sosovalue.com/assets/etf/us-btc-spot" target="_blank" rel="noopener noreferrer nofollow">SoSoValue</a>.</p>  
<p>This was the highest single-day inflow since July 22, when the sector recorded $485.9 million. The strong finish to the week brought total inflows to $403.9 million, boosting Bitcoin's price, which surged by over 10% to <a href="https://cryptonewsland.com/bitcoin-reclaims-60k-support-signals-strong-market-recovery-whats-next/" target="_blank" rel="noopener noreferrer nofollow">reclaim</a> the $60,000 level.</p>  
<h2 class="wp-block-heading" id="h-mixed-results-among-top-bitcoin-etfs">Mixed Results Among Top Bitcoin ETFs</h2>  
<p>Despite the overall positive trend, not all Bitcoin ETFs shared equally in the recovery. BlackRock's IBIT, the largest Bitcoin ETF by assets under management (AUM) with nearly $21 billion, saw no inflows during the week. In fact, it experienced a net outflow of $9.1 million on Monday, marking just the third time in its history that the fund had a day in the red.</p>  
<p>In contrast, Fidelity's FBTC led the recovery, registering $28.6 million in inflows on Monday, $63.2 million on Tuesday, and over $102 million on Friday. Ark Invest’s ARKB also rebounded strongly by the end of the week, attracting $99.3 million in net inflows after a mid-week withdrawal of $54 million on Wednesday.</p> 
<p>The post <a href="https://cryptonewsland.com/bitcoin-spot-etfs-bounce-back-with-over-400-million-in-net-inflows/" rel="noopener noreferrer nofollow">Bitcoin Spot ETFs Bounce Back with Over $400 Million in Net Inflows</a> appeared first on <a href="https://cryptonewsland.com" rel="noopener noreferrer nofollow">Crypto News Land</a>.</p>

Bitcoin Spot ETFs Bounce Back with Over $400 Million in Net Inflows

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