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PiCK

US Spot-Bitcoin ETFs Return to Net Inflows With $101.15 Million Haul

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Summary

  • US spot-Bitcoin ETFs recorded total net inflows of $101.15 million.
  • BlackRock's IBIT led overall inflows with $115.45 million in net inflows.
  • Grayscale's GBTC posted $56.21 million in net outflows, making it the only product in the red that day.

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Photo: Trader T
Photo: Trader T

US spot-Bitcoin exchange-traded funds returned to net inflows after one day of outflows, drawing in more than $100 million.

Trader T data showed the funds recorded combined net inflows of $101.15 million on September 2. The reversal came a day after the group posted more than $200 million in net outflows.

BlackRock's IBIT led the gains with $115.45 million in net inflows. Grayscale Mini BTC took in $30.42 million, while Morgan Stanley's MSBT and Bitwise's BITB posted net inflows of $7.3 million and $4.19 million, respectively.

Grayscale's GBTC was the only fund to post net outflows, with $56.21 million leaving the product. The remaining ETFs recorded no net flows.

#Crypto ETF

shlee@bloomingbit.ioHello, I'm a reporter at bloomingbit

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