Bitcoin ETFs Experience Fourth Consecutive Day of Inflows, $552M Added

  • Spot Bitcoin ETFs in the U.S. saw an inflow of $552.78 million on Thursday, marking the fourth consecutive day of inflows.
  • This streak is the longest since August 28 and matches the duration from mid-August when Bitcoin reached an all-time high over $123,000.
  • The largest single-day net inflow was $757.14 million on Wednesday, the highest since July 16.
  • Spot Ethereum ETFs also saw inflows for three days after six days of outflows, where over $1 billion was withdrawn.
  • Both Bitcoin and Ethereum benefited from expectations of a U.S. Federal Reserve interest-rate cut on September 17.
  • Bitcoin increased by nearly 3.2% over three days, now over $115,000. Source
  • Ethereum rose about 5%, reclaiming the $4,500 mark. Source