Spot Bitcoin exchange-traded funds (ETFs) in the US experienced their largest daily inflow in over two months as the asset surpassed $65,000 on Sept. 26. The total inflows for the 11 spot Bitcoin ETFs reached $365.7 million on that day, marking the highest since July 22. Institutional products saw a sixth consecutive day of inflows, with ARK 21Shares Bitcoin ETF leading at $113.8 million. BlackRock iShares Bitcoin Trust followed with $93.4 million. Fidelity Wise Origin Bitcoin Fund, Bitwise Bitcoin ETF, and VanEck Bitcoin ETF also saw significant inflows. However, Grayscale Bitcoin Trust experienced outflows. The total inflow for all 11 spot ETFs combined since inception is $18.3 billion. On the other hand, spot Ethereum ETFs faced outflows despite some funds receiving inflows. Grayscale's Ethereum Trust lost $36 million. Bitcoin prices surged by almost 13% in the past two weeks following the Fed interest rate cut. Read more AI-generated news on: https://app.chaingpt.org/news