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Crypto US Stocks

US Spot Bitcoin ETFs Log $191M Net Inflow, Sixth Straight Day of Gains

US spot bitcoin ETFs recorded a net inflow of $191 million on September 24, marking a sixth consecutive day of positive flows. BlackRock’s IBIT led with $163 million, bringing its all-time net inflow to $65.185 billion. Fidelity’s FBTC followed with $12.862 million, for a cumulative $11.014 billion.

Original source

AI take

The persistence of positive flows matters less for the headline number than for the concentration: BlackRock's IBIT is absorbing the overwhelming majority, with Fidelity a distant second. That skew suggests allocator demand is gravitating toward the largest, most liquid vehicle rather than broadening across the category. Whether flows stay positive once this streak ends — and whether the smaller issuers see any pickup — is the open question for gauging whether this is durable institutional positioning or a narrow, single-fund bid.

Generated by AI for reference only.

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