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Bitcoin ETFs See $494M Inflow, ARK Tops with $203M

DATE POSTED:September 28, 2024

The post Bitcoin ETFs See $494M Inflow, ARK Tops with $203M appeared first on Coinpedia Fintech News

On September 27, the US spot  Bitcoin ETF market registered a massive inflow of $494.27 million. This marks the 7th consecutive bullish day for the Bitcoin ETF market. Among the top performers, ARK Invest and 21Shares ARKB witnessed an inflow of $203.07 million, followed by Fidelity’s FPTC with $123.61 million, and finally BlackRock’s IBIT with $110.82 million. With a bullish turnaround, 8 Bitcoin spot ETFs had inflow, while 4 had net zero flow. Further, the Ethereum ETFs had an inflow of $58.65M, with Fidelity witnessing a massive inflow of $42.54M and Blackrock with $11.46M.