Bitcoin ETFs Hit $1b Weekly Inflows, Analysts Expect FOMO-Driven Rally
Liquidity flowing into spot Bitcoin exchange-traded funds, or ETFs, surpassed $1 billion this week as analysts anticipate a new all-time high for the top cryptocurrency over the next three months.
For the first time since July, weekly inflows into spot Bitcoin ETFs surpassed the billion-dollar mark, reaching $1.11 billion. This pushed the total cumulative net inflows across the 12 offerings to $18.8 billion, marking a new all-time high, per SoSoValue data.
Notably, most of the inflows â $494.27 million â were recorded on Sept. 27, led by ARK 21Sharesâ ARKB, with only four of the twelve offerings registering no flows.
-ARK 21Sharesâ ARKB, $203.07 million.
-Fidelityâs FBTC, 123.61 million.
-BlackRockâs IBIT continued its 5-day inflow streak bringing in $110.82 million.
-Grayscaleâs GBTC drew in $26.15, its first inflow since Sept. 16
-Bitwiseâs BITB logged its fourth straight day of positive inflows, bringing in $12.91 million.
-VanEckâs HODL, $11.17 million.Invescoâs BTCO, $3.28 million.
-Valkyrieâs BRRR, $3.26 million.
-Franklin Templetonâs EZBC, WisdomTreeâs BTCW, Grayscale Bitcoin Mini Trust, and Hashdexâs DEFI saw no flows.
