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Crypto

BlackRock Drives $347M Inflow into Bitcoin's US Spot ETFs

Guavy AI Editorial Team
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BTC
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Bitcoin's institutional investment appeal continues to grow, with recent data showing significant inflows into U.S. spot Bitcoin ETFs.

According to Coinfomania, on September 23, these funds recorded $347 million in net inflows, marking a substantial uptick in interest from large investors.

BlackRock emerged as a key player, contributing $166 million to the total ETF inflows, indicating a growing trend of institutional capital pouring into Bitcoin and other cryptocurrencies.

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