Crypto
BlackRock IBIT Leads $159M Rebound in Bitcoin ETF Inflows
The Bitcoin ETF market saw a significant rebound on September 17, with $159.5 million in inflows after two consecutive days of withdrawals.
The BlackRock IBIT fund led the charge, drawing in $183.7 million and offsetting outflows from other competing products.
Fidelity's Wise Origin Bitcoin Fund and VanEck's Bitcoin Trust saw net outflows of $16.6 million and $7.6 million, respectively, on September 17.
The recent price action for Bitcoin has been range-bound, with the price near $76,450 and futures positioning remaining elevated.