TREE NEWS reports: US spot bitcoin ETFs drew $347 million in net inflows on September 23, extending the streak to five consecutive days. BlackRock’s IBIT led with $166 million, bringing its all-time net inflow to $65.023 billion. Fidelity’s FBTC followed with $143 million, lifting its historical total to $11.001 billion.
Bitcoin Spot ETFs Log $347M Net Inflow, Fifth Straight Day
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AI take
The persistence of the streak matters more than the single-day figure: flows have now compounded across multiple issuers rather than concentrating in one product, suggesting demand is broadening beyond a single vehicle. That said, IBIT and FBTC together account for nearly all of the day's total, so the market still rests on two issuers. Whether smaller funds begin contributing, and whether the streak survives its first negative day, is the open question.
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