U.S. Spot Bitcoin ETFs Draw $2.06 Billion as Demand Continues
The U.S. spot Bitcoin ETF market saw significant demand over three trading sessions through September 23, despite Bitcoin's failure to sustain gains above $87,000.
According to recent data, these funds attracted a total of $2.06 billion across the period, with net inflows reaching $999 million on September 21, $714 million on September 22, and $347 million on September 23.
The largest contributors to this demand were BlackRock's IBIT, ARK 21Shares' ARKB, and Fidelity's FBTC. On September 21, IBIT drew in $381.4 million, followed by ARKB at $289.1 million and FBTC at $238.8 million.
BlackRock's IBIT remained the largest contributor on September 22 with $350.3 million, while Fidelity's FBTC received $257.4 million and Morgan Stanley's MSBT took in $99 million.