US spot Bitcoin ETFs drew $5.3B since Treasury expanded debt buybacks
- —US spot Bitcoin ETFs took in $5.3 billion in net inflows since August 19
- —Weekly inflows reached $2.4 billion, with $999 million on September 21 alone
- —BlackRock's IBIT drew about $1.2 billion for the week, Fidelity's FBTC $701.7 million
- —Year-to-date flows turned positive at $934 million; assets under management hit $108.4 billion
Why it matters: ETF inflows have become the main source of Bitcoin demand, but the 10-year Treasury yield at 5.17% could blunt that momentum.
Source: Journal du Coin