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Crypto

Bitcoin ETFs Soar with $2.95 Billion Inflows Over Past Month

Guavy AI Editorial Team
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BTC
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Bitcoin ETFs have seen a significant surge in investment over the past month, adding $2.95 billion in net inflows over 30 days.

This influx of money began on September 17, just two days after Bitcoin funds lost $450.4 million due to the Clarity Act failing a Senate vote.

Since then, Bitcoin ETFs have seen an eight-day streak of net inflows, with Monday's inflow of $31.07 million being the weakest day of the streak.

BlackRock's IBIT fund was a significant contributor to these inflows, taking in $54.84 million, while Grayscale's GBTC lost $23.19 million and Fidelity's FBTC shed $10.90 million.

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