CoinScoopBitcoin ETF Inflows Drop to $31 Million as Price Faces $84,000 Resistance
US spot Bitcoin ETFs recorded their lowest daily inflow of $31 million on Sept. 28, marking an eight-day streak of positive flows. BlackRock’s IBIT led with $54.84 million in inflows, while Fidelity’s FBTC and Grayscale’s GBTC saw outflows. Despite a strong weekly performance of $2.4 billion, institutional demand has cooled as Bitcoin struggles to break through a major supply barrier between $84,000 and $85,000.
Summaries are written by AI from the original article. Not investment advice.