Bitcoin ETFs attract nearly $1 billion in a single day

US spot Bitcoin ETFs attracted nearly $1 billion in new funds on 21 September, with total daily inflows of $999 million. BlackRock’s IBIT accounted for the largest share, with $381 million. Ethereum ETFs also performed well: they received $270 million, of which $110 million went to BlackRock’s ETHA. At the time of writing, Bitcoin stands at $85.5K, up 4.8% in 24 hours.

Bitcoin is available at OKX and Bybit.

In brief:

• Spot Bitcoin ETFs record daily inflow of nearly $999 million on 21 September
• BlackRock’s IBIT accounts for $381 million of that inflow
• Spot Ethereum ETFs receive $270 million, with $110 million going to BlackRock’s ETHA

Nearly $1 billion in one day for Bitcoin ETFs

The $999 million inflow into spot Bitcoin ETFs is one of the highest daily figures in weeks. As shown in the SoSoValue chart, inflows visibly peaked towards the end of September, with total net assets of more than $110 billion.

Earlier this month, Bitcoin ETFs already recorded an inflow of $621 million in a single day, but the current inflow far exceeds that. BlackRock’s IBIT remains the dominant player in this.

Ethereum ETFs follow with $270 million

In addition to Bitcoin, spot Ethereum ETFs are also attracting substantial capital. The total daily inflow of $270 million is notable, with BlackRock’s ETHA contributing the largest share at $110 million.

The strong inflow into both ETF categories coincides with a recovery in the Bitcoin price. Bitcoin already rose to $85.000 for the first time in months, and now stands at $85.5K with a daily gain of 4.8%. Whether the inflow continues depends in part on how the price develops in the coming days.