Bitcoin and Ethereum spot ETFs draw $877M in second straight day of inflows
- —Bitcoin ETFs logged $714.7M in net inflows, a fourth straight positive day
- —IBIT drew $350.3M and FBTC $257.4M, roughly 85% of total BTC inflows
- —Ether ETFs added $162.2M, led by ETHA at $88.1M and FETH at $33.6M
- —BTC funds recovered $2.31B from Sept 17-22 after $746.3M left on Sept 15-16
Why it matters: Renewed institutional demand through ETFs after mid-September outflows is underpinning bitcoin near $87,000 and ether above $2,700.
Source: Blockmedia