BTC Spot ETFs Record Net Inflows of $28.6 Million

On September 9, United States-based spot Bitcoin exchange-traded funds (ETFs) reversed a negative trend, registering a net inflow of $28.6 million after eight consecutive trading days of outflows. This shift in investor sentiment was highlighted by notable inflows into several prominent funds. Despite experiencing its third-ever day of net outflows, BlackRock’s iShares Bitcoin Trust (IBIT) saw a decrease of $9.1 million, marking its smallest outflow to date, with previous larger outflows recorded on May 1 ($36.9 million) and August 29 ($13.5 million), according to data from Farside Investors. The Fidelity Wise Origin Bitcoin Fund (FBTC) led the day with substantial