Spot Bitcoin ETFs Draw $715M in a Day, Fourth Straight Day of Inflows
- —Spot bitcoin ETFs took in $715 million in net inflows on September 22
- —BlackRock's IBIT led with $350 million; cumulative inflows hit $64.86 billion
- —Fidelity's FBTC added $257 million, bringing its total to $10.86 billion
- —Total ETF net assets stand at $110.84 billion, 6.4% of bitcoin's market cap
Why it matters: A fourth straight day of inflows underscores steady institutional demand for bitcoin via ETFs.
Source: PANews