Bitcoin and Ether ETFs Draw $876.9 Million in One Day

Regulated crypto investment products continue to attract strong demand from investors, with U.S. spot Bitcoin (BTC) and Ether (ETH) exchange-traded funds (ETFs) recording $876.9 million in combined net inflows on September 22.

This marks the fourth consecutive trading day that Bitcoin funds have posted net inflows, following a significant $999 million influx on September 21. The surge in demand has seen BlackRock's iShares Bitcoin Trust lead the category with $350.3 million in net inflows, followed by Fidelity's FBTC with $257.4 million and Morgan Stanley's MSBT recording $99 million.

In the Ether category, BlackRock's ETHA posted $88.1 million in inflows, while Fidelity's FETH drew $33.6 million and Grayscale's Ethereum Mini Trust recorded $27.3 million. The figures indicate strong demand for regulated exposure to Bitcoin and Ether but do not reveal whether the buyers were institutional or retail investors.