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U.S. Spot Bitcoin ETFs Draw $3.8 Billion Over Three Weeks, Strongest Inflow Run This Year

Source
Bloomingbit Newsroom

Summary

  • U.S. spot Bitcoin ETFs posted their strongest net inflow streak of the year, drawing $3.8 billion over the past three weeks.
  • U.S. spot Bitcoin ETFs recorded $986.9 million in net inflows this week, and took in $174.6 million on Sept. 4 even as Bitcoin fell below $79,000, Cointelegraph reported.
  • Total assets in U.S. spot Bitcoin ETFs stood at $101.3 billion, while cumulative net inflows since launch reached $55.6 billion.

Forecast Trend Report by Period

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Photo: Shutterstock
Photo: Shutterstock

U.S. spot Bitcoin exchange-traded funds drew $3.8 billion in net inflows over the past three weeks, marking their strongest inflow streak of the year.

Cointelegraph reported on Sept. 5 that U.S. spot Bitcoin ETFs recorded net inflows of $986.9 million this week. Their cumulative net inflows over the past three weeks reached $3.8 billion.

Inflows continued on Sept. 4 even as Bitcoin fell below $79,000 during intraday trading. U.S. spot Bitcoin ETFs posted combined net inflows of $174.6 million that day.

Total assets in U.S. spot Bitcoin ETFs were tallied at $101.3 billion, while cumulative net inflows since launch stood at $55.6 billion.

#ETF
Bloomingbit Newsroom

Bloomingbit Newsroom

news@bloomingbit.ioFor news reports, news@bloomingbit.io

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