Bitcoin ETFs Draw $2.39 Billion in Weekly Inflows as Price Holds Above $84,000

Bitcoin's price has remained above $84,000 as US spot Bitcoin ETFs recorded $2.39 billion in net inflows over a week, according to SoSoValue data. The largest daily inflow was on Monday with approximately $999 million, followed by $714.7 million on Tuesday and $346.9 million on Wednesday.

BlackRock's IBIT led the daily Bitcoin ETF inflows on September 25 with around $96.99 million in net inflows. Fidelity's FBTC followed with approximately $49.32 million in daily inflows, while Bitwise's BITB experienced the largest outflow for the session.

Despite the pullback from its weekly peak, the continued inflows indicate that demand through US-listed spot products has remained positive during the recent price consolidation. The move above $85,000 is significant for miners as it brings attention to mining economics and the estimated production cost of Bitcoin.