Bitcoin ETF Inflows Slow to $191M as Six-Day Streak Reaches $2.8B

The inflow of net assets into US spot Bitcoin exchange-traded funds (ETFs) slowed to $191 million on Thursday, according to data from SoSoValue. This marks a third consecutive day of lower daily inflows, following a six-session streak that has pushed total inflows past $2.8 billion.

The latest figures show that the funds' year-to-date net flows have now reached approximately $787 million, reversing an earlier deficit of about $5.5 billion at the end of June. September alone has attracted $2.56 billion so far, following $3.52 billion in August.

BlackRock's iShares Bitcoin Trust (IBIT) was the largest recipient of Thursday's inflows, accounting for around $163 million according to Farside Investors data. IBIT has drawn roughly $1.35 billion during the six-session streak, making up nearly half of the funds' combined inflows.