Bitcoin ETFs Post Four-Session Inflow Streak, Total Assets Reach $110 Billion
U.S.-based Bitcoin exchange-traded funds (ETFs) have seen four consecutive sessions of net gains, bringing in $2.31 billion between September 17-18 and September 21-22.
The total net assets of these ETFs have reached $110.84 billion, with BlackRock's IBIT leading the way on Tuesday, pulling in $350.35 million in inflows.
Fidelity's FBTC drew in $257.42 million, while Morgan Stanley's MSBT recorded $99.01 million in net inflows during this session.
No U.S. spot Bitcoin ETF posted a net outflow on September 22, and trading value across the funds reached $2.82 billion.
Ether ETFs also saw a boost with $162.31 million in net inflows, further increasing demand beyond Bitcoin.