Spot Bitcoin exchange-traded funds (ETFs) in the United States saw their biggest daily inflow in more than two months as the asset broke above $65,000 in late trading on Sept. 26. 
The total aggregate inflows for the 11 spot <a data-ct-non-breakable="null" href="https://cointelegraph.com/learn/bitcoin-etfs-for-retirement-planning" rel="null" target="null" text="null" title="null">Bitcoin ETFs</a> in the US hit $365.7 million on Sept. 26, <a data-ct-non-breakable="null" href="https://farside.co.uk/btc/" rel="null" target="null" text="null" title="null">according</a> to preliminary data from Farside Investors.&nbsp;
The bumper ETF inflows were the largest since July 22, when there were inflows of $486 million. It also marked a sixth consecutive trading day of inflows for institutional investment products.&nbsp;
The ARK 21Shares Bitcoin ETF led with an inflow of $113.8 million, <a data-ct-non-breakable="null" href="https://cointelegraph.com/news/blahttps://cointelegraph.com/news/blackrock-bitcoin-etf-amendment-coinbaseckrock-bitcoin-etf-amendment-coinbase" rel="" target="_blank" text="null" title="https://cointelegraph.com/news/blahttps://cointelegraph.com/news/blackrock-bitcoin-etf-amendment-coinbaseckrock-bitcoin-etf-amendment-coinbase">followed by BlackRock</a> iShares Bitcoin Trust with $93.4 million.&nbsp;
BlackRock just <a data-ct-non-breakable="null" href="https://cointelegraph.com/news/blackrock-bitcoin-etf-inflows-september-btc-united-states" rel="" target="_self" text="null" title="https://cointelegraph.com/news/blackrock-bitcoin-etf-inflows-september-btc-united-states">had its largest inflow day for a month</a> on Wednesday, Sept. 25, with $184.4 million.&nbsp;
The Fidelity Wise Origin Bitcoin Fund saw inflows of $74 million, the Bitwise Bitcoin ETF had $50.4 million and the VanEck Bitcoin ETF saw $22.1 million in inflows for the day.
Meanwhile, there were minor inflows for the Invesco, Franklin and Valkyrie ETFs, which had $6.5 million, $5.7 million and $4.6 million, respectively.&nbsp;
The Grayscale Bitcoin Trust was the only outflow, which bled $7.7 million, bringing the total outflow to $20.1 billion since it converted to a spot ETF in January.&nbsp;
<figure>
 <img alt="Bitcoin buyers throw $366M into US ETFs as BTC pushes above $65K" name="" src="https://s3.cointelegraph.com/uploads/2024-09/019231e3-55f4-7652-811e-3bafe0772f67">
 <figcaption style="text-align: center;">
 Spot Bitcoin ETF flows. Source: Farside Investors
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</figure>
The latest injection of capital brings the aggregate inflow since inception for all 11 spot ETFs combined to $18.3 billion.&nbsp;
ETF Store president Nate Geraci <a data-ct-non-breakable="null" href="https://x.com/NateGeraci/status/1839508077952856331" rel="null" target="null" text="null" title="null">commented</a> on the bumper inflow in a post on X on Sept. 27, observing:&nbsp;
<blockquote>
 “For context, out of 500 ETFs launched in 2024, less than 25 have taken this amount in for the *entire year*.”
</blockquote>
On Sept. 25, Bloomberg ETF analyst Eric Balchunas <a data-ct-non-breakable="null" href="https://x.com/EricBalchunas/status/1838920910809481531" rel="null" target="null" text="null" title="null">commented</a> that spot Bitcoin (<a data-ct-non-breakable="null" href="https://cointelegraph.com/bitcoin-price" rel="" target="_self" text="null" title="https://cointelegraph.com/bitcoin-price">BTC</a>) ETFs are “92% of the way to owning 1 million Bitcoin and 83% of the way to passing Satoshi as the top holder.”&nbsp;
BTC spot prices have gained almost 13% over the past two weeks in the wake of the Fed interest rate cut.&nbsp;
Related: <a data-ct-non-breakable="null" href="https://cointelegraph.com/news/bitcoin-etf-inflows-buoy-price-slowing-spot-buying" rel="null" target="null" text="null" title="null">‘Sustained’ Bitcoin ETF inflows may ‘buoy’ price despite slowing spot buying</a>
However, spot Ethereum ETFs are lacking the same momentum as nine funds registered an outflow of $100,000 on Sept. 26, <a data-ct-non-breakable="null" href="https://farside.co.uk/eth/" rel="null" target="null" text="null" title="null">according</a> to Farside Investors.&nbsp;
The outflow came despite BlackRock and Fidelity both seeing more than $15 million in inflows for their respective spot Ether funds. Grayscale’s high-fee Ethereum Trust continues to hemorrhage assets, losing a further $36 million on Thursday.&nbsp;
Magazine: <a data-ct-non-breakable="null" href="https://cointelegraph.com/magazine/worldcoin-fined-dmm-bitcoin-system-face-ban-asia-express/" rel="null" target="null" text="null" title="null">Worldcoin fined again! Crypto store clerk runs off with $500K cash: Asia Express</a>

Bitcoin buyers throw $366M into US ETFs as BTC pushes above $65K

Cointelegraph

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