Institutional Investors Pump Over $2.39 Billion into Bitcoin ETFs
Institutional investors continued to bet on Bitcoin last week, pouring over $2.39 billion into US spot Bitcoin ETFs.
The influx began with a massive $999 million inflow on Monday, followed by $714.7 million on Tuesday, and more modest amounts each subsequent day.
BlackRock's IBIT led daily Bitcoin ETF inflows on September 25, attracting around $96.99 million.
The cumulative historical net inflow for IBIT has now reached about $65.28 billion.
Fidelity's FBTC followed closely with approximately $49.32 million in daily inflows, taking its cumulative historical net inflow to around $11.06 billion.