Bitcoin ETFs Attract Over $1 Billion as Price Surges Past $87,000

Nearly $1 billion flowed into US spot Bitcoin ETFs on September 21 as buying continued for a third consecutive trading day.

The data, provided by Farside Investors, shows that BlackRock's iShares Bitcoin Trust (IBIT) led the group with about $381 million in inflows, followed by ARK Invest's ARK 21Shares Bitcoin ETF (ARKB) at $289 million and Fidelity's Wise Origin Bitcoin Fund (FBTC) at $239 million.

The combined three-day total for these inflows now stands at nearly $1.6 billion, with the latest inflows bringing this figure to that level.

This robust activity in Bitcoin ETFs accompanied a sharp rally in Bitcoin, which climbed past $87,000 on Monday.