Bitcoin ETFs See Significant Inflows Amid Market Volatility
- U.S. spot Bitcoin ETFs attracted $2.95 billion over the last month, with $31.07 million on Sept. 28.
- The eight-day inflow streak started on Sept. 17, following a $450.4 million outflow after the Clarity Act failed in the Senate.
- Ethereum ETFs saw inflows of $982.5 million over the same period, while Solana and XRP funds added $278.2 million and $127.05 million, respectively.
The recent surge in Bitcoin ETF inflows highlights a recovery in investor sentiment despite previous market challenges, such as the failed Clarity Act vote that led to significant outflows earlier this month.
This influx has helped Bitcoin prices rise above key cost bases for investors, marking a profitable period for many since January’s downturns, with Bitcoin trading above $84,000 as of Monday.
