BlackRock, Fidelity Bitcoin ETFs Report Conflicting Inflow Totals

U.S.-based Bitcoin ETF flow readings diverged on September 23, showing conflicting totals for the day's trading. One tally indicated $347 million in net inflows, while another preliminary reading reported a total of $32.4 million.

The higher reading placed BlackRock's iShares Bitcoin Trust at the forefront of the session with $166 million in inflows. Fidelity's FBTC recorded $143 million under the same reading.

The conflicting data followed two large inflow sessions on September 21 and 22, where public tables recorded $999 million and $714.7 million respectively, with BlackRock's fund leading both days.