TREE NEWS reports: US spot bitcoin ETFs recorded $31.07 million in total net inflows on September 28, the eighth consecutive day of positive flows. BlackRock’s IBIT led with $54.84 million, bringing its all-time total net inflow to $65.337 billion. Grayscale’s Bitcoin Mini Trust ETF BTC followed with $10.32 million, lifting its historical total net inflow to $2.964 billion.
US Spot Bitcoin ETFs Log $31.07M Net Inflow, 8th Straight Day
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AI take
An eighth straight day of positive flows, even at a modest $31.07 million, suggests steady rather than euphoric demand. The composition matters more than the total: BlackRock's IBIT alone exceeded the aggregate, meaning other issuers likely saw offsetting outflows or near-zero activity, while Grayscale's Mini Trust continued to accumulate. That concentration in a single fund is worth watching, as it shapes where liquidity and fee pressure land across the ETF complex.
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