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29 September, 2024

US Bitcoin ETFs See Massive Inflows: Over $1 Billion This Week

29 September, 2024

The week ending September 8 saw a significant surge in US Bitcoin ETF inflows, totaling over $1.1 billion. This influx marks the highest weekly inflow since mid-July, indicating renewed investor confidence in the cryptocurrency. Leading the charge were BlackRock, ARK 21Shares, and Fidelity, attracting $499 million, $289.5 million, and $206.1 million, respectively.