Key Takeaways
- U.S. spot Bitcoin ETFs saw $28.6M in inflows on Sept. 9.
- Fidelity Wise Origin Bitcoin Fund led with $28.6M in inflows.
- BlackRock’s iShares Bitcoin Trust saw $9.1M in outflows.
On Sept. 9, U.S. spot Bitcoin ETFs ended an eight-day outflow streak by recording net inflows of $28.6 million.
Fidelity’s Wise Origin Bitcoin Fund (FBTC) led the day with $28.6 million in inflows.
The ARK 21Shares Bitcoin ETF (ARKB) and Bitwise Bitcoin ETF (BITB) followed with respective inflows of $6.8 million and $22 million.
Invesco Galaxy Bitcoin ETF (BTCO) added $3.1 million.
IBIT Outflows
However, BlackRock’s iShares Bitcoin Trust (IBIT) saw its third-ever outflow, with $9.1 million leaving the fund.
This marks its smallest outflow day, compared to larger outflows of $36.9 million on May 1 and $13.5 million on Aug. 29.
Recent changes
In the days between Aug. 27 and Sept. 6, spot Bitcoin ETFs experienced approximately $1.2 billion in outflows.
Despite the inflows on Sept. 9, Bitcoin’s price cooled down after a rally, dropping from $57,635 to $56,682.
BlackRock continues to dominate the spot Bitcoin ETF market, with $20.9 billion in total net inflows. Fidelity holds the second spot with $9.45 billion, followed by ARK 21Shares at $2.28 billion.
