• Bitcoin ETFs saw $92 million in daily net inflows, contributing to a cumulative inflow of $17.69 billion on September 20.

  • BlackRock's IBIT ETF remained steady, while Grayscale's GBTC showed a minor decline despite a large negative cumulative net inflow.

  • Fidelity's FBTC ETF recorded a strong $26.12 million inflow, highlighting positive investor sentiment as Bitcoin ETFs gained traction.

In a recent update by SoSoValue regarding Bitcoin ETFs as of September 20. A daily total net inflow of $92 million was recorded, contributing to the cumulative inflow of $17.69 billion. Additionally, $980.59 million in total value traded was observed on the same date. The net assets for Bitcoin ETFs stood at $57.47 billion at the time of writing, representing 4.63% of the Bitcoin market cap.

Fidelity Gains $26.12M, BlackRock Steady at $20.92B, Grayscale and ArkB See Declines

For individual ETFs, BlackRock's IBIT listed on NASDAQ shows no change in daily net inflow, while its cumulative net inflow stands at $20.92 billion. Grayscale’s GBTC on NYSE shows a minor decrease of 0.04% in daily net inflow, and its cumulative net inflow is negative $20.07 billion, with net assets of $13.93 billion.

Fidelity's FBTC on CBOE had a positive daily net inflow of $26.12 million and a cumulative net inflow of $9.78 billion, with net assets of $11.14 billion. ArkB, listed on CBOE, experienced a 0.11% decrease in daily net inflow and cumulative inflow, which stands at $2.45 billion, while net assets are $2.93 billion.

Bitwise Drops 0.14% with $2.07B Inflow, NYSE Grayscale Gains $13.37M 

Bitwise’s BITB on NYSE recorded a 0.14% decline in daily net inflow, with a cumulative inflow of $2.07 billion and net assets of $2.41 billion. The NYSE-listed Grayscale BTC saw a daily net inflow of $13.37 million, bringing its cumulative inflow to $408.17 million, and it reported $2.11 billion in net assets.

Invesco's Gains $3.14M, Hashdex's  Sees $66.96K Inflow; VanEck's  and Valkyrie's Decline

HODL on CBOE, sponsored by VanEck, experienced a decrease of 0.07% in daily net inflow. The ETF's cumulative inflow reached $616.86 million, while net assets were $722.51 million. BRRR on NASDAQ, sponsored by Valkyrie, recorded a 0.11% decline, with a cumulative inflow of $525.05 million and net assets of $557.65 million.

Invesco's BTCO, listed on CBOE, had a positive daily net inflow of $3.14 million, cumulative inflow of $360.87 million, and net assets of $501.89 million. Franklin's EZBC recorded a 0.14% drop in daily net inflow, with $416.26 million in cumulative inflow and net assets of $441.46 million. Lastly, Hashdex's DEFI recorded a positive daily net inflow of $66.96K, bringing its cumulative inflow to $66.96K with net assets of $9.31 million.

The post Bitcoin ETFs Record $92M Net Inflow as Major Players See Varied Movements appeared first on Crypto News Land.