BlackRock Dominates Rebound in US Spot Bitcoin ETF Inflows Ahead of Fed Meeting
After four consecutive sessions of withdrawals, US spot Bitcoin exchange-traded funds (ETFs) saw a rebound in inflows on September 14. The net inflow totalled $159.9 million, according to Farside Investors data.
The comeback was largely driven by BlackRock's iShares Bitcoin Trust (IBIT), which accounted for $134.3 million of the inflows, and Fidelity's Wise Origin Bitcoin Fund (FBTC) adding $53.3 million. Together, these two funds attracted $187.6 million, more than the overall net total.
The ARK 21Shares Bitcoin ETF (ARKB) recorded $42 million in outflows, while Franklin Templeton's EZBC added $4.6 million and Morgan Stanley's MSBT took in $9.7 million. Most other funds reported no net movement.
Over the past 20 days, IBIT has accumulated about $1.08 billion worth of Bitcoin, with positive flows on seven of those sessions. In contrast, Grayscale's GBTC reduced its Bitcoin holdings by around $254.7 million during the same period.