Bitcoin ETFs See Nearly $3 Billion Inflow Over Recent 30-Day Rally
U.S. Bitcoin ETFs have attracted $2.95 billion in inflows over the last 30 days, marking eight consecutive days of net inflows as of Monday. BlackRock's IBIT saw $54.84 million in inflows, while Grayscale's GBTC and Fidelity's FBTC recorded outflows of $23.19 million and $10.90 million, respectively. This recovery follows a mid-September slump where the Senate failed to advance the CLARITY Act. The recent rally has pushed Bitcoin above the average ETF holder acquisition cost of $81,722, returning typical fund investors to profit.
Summaries are written by AI from the original article. Not investment advice.