US spot Bitcoin exchange-traded funds (ETFs) saw inflows of more than $1.1 billion this week, the largest weekly inflow since July 15-19. September 27 saw inflows of $494.4 million, the best-performing day since June. The weekly inflows were led by BlackRock’s iShares Bitcoin Trust, ARK 21Shares Bitcoin ETF, and Fidelity® Wise Origin® Bitcoin Fund, with $499 million, $289.5 million, and $206.1 million, respectively.

This surge came after the Federal Reserve rate cut on September 18. Bitcoin rose 13.8% to $65,800. It is currently 10.8% below its all-time high.

US spot Ether (ETH) ETFs also saw inflows of $85 million this week. Ethereum products saw inflows of more than $1.1 billion since launch.

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