{"id":582233,"date":"2024-10-01T09:17:08","date_gmt":"2024-10-01T09:17:08","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=582233"},"modified":"2024-10-01T09:17:08","modified_gmt":"2024-10-01T09:17:08","slug":"us-spot-bitcoin-etfs-extend-net-inflow-streak-to-8-days-with-another-61-3-million-on-monday-as-blackrock-leads","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/us-spot-bitcoin-etfs-extend-net-inflow-streak-to-8-days-with-another-61-3-million-on-monday-as-blackrock-leads","title":{"rendered":"US Spot Bitcoin ETFs Extend Net Inflow Streak To 8 Days With Another $61.3 Million On Monday As BlackRock Leads"},"content":{"rendered":"

US spot Bitcoin ETFs (exchange-traded funds) extended their positive inflow streak to eight days after a collective $61.3 million entered the funds on Sep. 30.<\/span><\/p>\n

The fund belonging to asset management giant <\/span>BlackRock<\/span><\/a> led the way in inflows yesterday with data from <\/span>Farside Investors<\/span><\/a> showing that its IBIT saw $72.2 million enter its reserves.<\/span><\/p>\n

\"How<\/p>\n

ARKB And BITB Record Outflows, While Other Funds See No New Flows<\/span><\/h2>\n

Fidelity’s FBTC was the only other spot Bitcoin ETF to record net inflows on Monday after investors sent $8.3 million to the fund. Meanwhile, BITB and ARKB  were the only products to suffer net outflows.<\/span><\/p>\n

Data shows that $9.5 million left Ark and 21Shares’ ARKB on Sept. 30. Similarly, $9.7 million was pulled out of Bitwise’s BITB. This is after both of the funds posted net inflows during the two sessions prior to Monday.<\/span><\/p>\n

\n

Good morning,<\/p>\n

Despite yesterday's price action the Bitcoin ETFs had $61.3 million of positive inflows.<\/p>\n

Blackrock did $72.2 million.<\/p>\n

Price went from $66k in the weekend to $63k on Monday.
Q4 starts today. Big quarter incoming.<\/p>\n

source: @FarsideUK<\/a> pic.twitter.com\/9XPXqgUs2K<\/a><\/p>\n

— WhalePanda (@WhalePanda) October 1, 2024<\/a><\/p><\/blockquote>\n