In a remarkable turn of events, the U.S. Bitcoin spot ETFs experienced a staggering net inflow of US$494 million yesterday, marking the best single-day performance since the market’s downturn in Q2. This surge, reported by BlockBeats on September 28, indicates renewed investor confidence in Bitcoin.
Breaking down the numbers, ARKB led the pack with a net inflow of US$203 million. Fidelity’s FBTC followed closely with US$123 million, while Grayscale’s GBTC contributed US$26.2 million. Other notable inflows included Bitwise’s BITB at US$12.9 million, VanEck’s HODL with US$11.2 million, and Invesco BTCO and Valkyrie’s BRRR, both showing a modest inflow of US$3.3 million.
Additionally, BlackRock’s IBIT also made headlines with a net inflow of US$111 million. This wave of investment reflects growing optimism among institutional and retail investors alike, highlighting Bitcoin’s potential as a stronghold in turbulent financial times.
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