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
 </figcaption>
</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

Autres articles publiés le 27 sept. 2024

Altcoins Experience Positive Momentum

Rollblock’s unique growth strategy: How it can measure up to BNB, TON

Coinpedia Fintech News

Ripple's Top Bosses to Appear at Federal Reserve Event

Trader Achieves $554,000 Profit with Ethereum in Just One Day

Bored Ape NFT Creator Yuga Labs Joins Adidas To Add Dignity To Its Dookey Dash Game

Join our free newsletter for daily crypto updates!