Bitcoin ETF Inflows Rebound with $159M in Net Flows
Bitcoin ETF inflows rebounded on September 17 as BlackRock's IBIT led $159.5 million in net inflows, offsetting withdrawals elsewhere.
The reversal followed two days of outflows totaling $746 million from funds such as Fidelity's Wise Origin Bitcoin Fund and VanEck's Bitcoin Trust.
BlackRock's IBIT recorded about $183.7 million in net inflows on September 17, with the fund holding $59.75 billion in net assets on that date.
The bitcoin price recovered to near $76,450 after the rebound, with futures positioning remaining elevated and derivatives activity larger than spot turnover.