Key Points
- Bitcoin ETFs recorded $365.5 million in inflows on September 26, the highest inflow day in over 2 months.
- BTC price holds above $65,000, following recent rallies.
Inflows in the US Bitcoin ETFs continued for six consecutive days, with a significant influx recorded on September 26.
According to the latest data from SoSoValue, BTC ETFs recorded $365.5 million in inflows the other day, marking the highest influx day since July 22. On that day, the US-based crypto products saw influxes of almost $486 million.
Significant BTC ETF Inflows on September 26
Here are the inflows in the US BTC ETFs on September 26:
- Ark Invest and 21Shares’ Bitcoin ETF, ARKB, recorded almost $114 million in inflows.
- BlackRock’s Bitcoin ETF, IBIT, saw $93.3 million in inflows.
- Fidelity’s Bitcoin ETF, FBTC, recorded $74 million in inflows.
- Bitwise’s Bitcoin ETF, BITB, saw $50.3 million in inflows.
- VanEck’s Bitcoin ETF, HODL, recorded $22.1 million in inflows.
- Invesco Galaxy’s Bitcoin ETF, BTCO, saw inflows of almost $6.5 million.
- Franklin Templeton’s Bitcoin ETF, EZBC, saw inflows of $5.6 million.
- Valkyrie’s Bitcoin ETF, BRRR, recorded inflows of $4.6 million.
- Grayscale’s Bitcoin ETF, BTC, recorded almost $2.9 million in inflows.
The only Bitcoin ETF that recorded outflows yesterday was Grayscale’s GBTC, at over $7.7 million.
According to the same data, the total net assets locked in BTC ETFs as of September 26 were over $60 billion. Also, the cumulative total net inflow in the US-based crypto products was $18.3 billion.
The current week recorded only positive flows in the crypto products, as Bitcoin’s price rally continues.
Bitcoin Holds Above $65,000
At the moment of writing this article, BTC is trading above $65,000, up by over 2.5% in the past 24 hours.
BTC hit the important price level on September 26, following important economic data released in the US.
As previously noted, Bitcoin currently shows all the necessary signs for the best September ever, and a promising Q4 ahead with a potential new ATH before the year’s end.
This week, Binance’s CZ is about to be released from prison, another bullish event long-awaited by the crypto community.