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CryptoIntelligence 2024-09-29 14:53:00

Bitcoin ETFs Record Over $1.1 Billion of Inflows in 6 Days

Spot Bitcoin exchange-traded funds (ETFs) in the United States have accumulated over $1.1 billion in inflows since Sept. 23, marking the largest week of inflows since July 15–19. According to Farside Investors, this figure included $494.4 million on Sept. 27, which was the best-performing day since June 4. On Sept. 26, spot Bitcoin ETFs saw inflows of $366 million. The leading funds for weekly inflows were BlackRock’s iShares Bitcoin Trust, the ARK 21Shares Bitcoin ETF, and the Fidelity® Wise Origin® Bitcoin Fund, which brought in $499 million, $289.5 million, and $206.1 million, respectively. Other funds such as Invesco and Galaxy,

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