Bitcoin spot ETFs recorded a total net inflow of $31.07 million on September 28, extending the streak of consecutive daily inflows to eight days. BlackRock’s IBIT led with $54.84 million in single-day inflows, bringing its historical total to $65.34 billion, while Grayscale’s Bitcoin Mini Trust (BTC) added $10.32 million. Conversely, Grayscale’s GBTC experienced the largest outflow at $23.19 million, pushing its cumulative net outflows to $27.87 billion.
Total net assets across Bitcoin spot ETFs now stand at $107.82 billion, representing 6.42% of Bitcoin’s total market capitalization. Cumulative net inflows for the sector have reached $57.58 billion as institutional demand continues to sustain positive momentum despite ongoing redemptions from legacy products like GBTC.
Bitcoin Spot ETFs Record 8th Consecutive Day of Net Inflows at $31 Million
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.