Bitcoin ETF Inflows Plummet to 141-Week Low Amid Volatile Market Conditions
The spot Bitcoin (BTC) exchange-traded funds (ETFs) saw their smallest weekly net inflow in 141 weeks, totaling $6.21 million for the week ending September 18.
This comes as BTC traded near $81,536, up 1.44% on the day.
The sector saw a mixed performance, with some funds experiencing significant gains while others suffered losses.
BlackRock's IBIT led the category with $121 million in inflows, but other funds like Zcash and Solana saw larger inflows, at $98.2 million and $13.2 million respectively.