US spot Bitcoin ETFs draw $31.07M, extending inflow streak to eight days
- —Net inflows into US spot Bitcoin ETFs reached $31.07 million on September 28
- —BlackRock's IBIT took in $54.84 million, lifting its all-time total to $65.34 billion
- —Grayscale's GBTC bled $23.19 million, with cumulative outflows at $27.87 billion
- —Total ETF net assets stand at $107.82 billion, or 6.42% of Bitcoin's market cap
Why it matters: An eighth consecutive day of inflows underscores steady institutional demand for Bitcoin via ETFs.
Source: PANews