CoinScoopBitcoin Surpasses $87,000 Following $1 Billion ETF Inflow
Bitcoin climbed above $87,000 as US spot Bitcoin ETFs recorded their largest daily inflow in 12 months, totaling $999 million on September 21. BlackRock's IBIT led the inflows with $381.4 million, followed by Ark Invest and 21Shares' ARKB and Fidelity's FBTC. Glassnode analysts noted a shift in taker flow toward buying and increased spot demand, while technical indicators show Bitcoin has moved above its 50-week moving average for the first time in months.
Summaries are written by AI from the original article. Not investment advice.