September 29, 18:18
Bitcoin ETFs add $2.95 billion in 30 days as other crypto funds gain
Crypto ETFs Surge as Bitcoin Funds Add $2.95 Billion in 30 Days
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U.S. Bitcoin ETFs drew $2.95 billion in net inflows over 30 days, according to SoSoValue. The funds recorded their eighth consecutive trading day of inflows on Monday. Monday's $31.07 million in net inflows was the smallest daily amount in that streak. BlackRock's IBIT fund took in $54.84 million on Monday. Grayscale's GBTC lost $23.19 million. Fidelity's FBTC lost $10.90 million. The streak began on Sept. 17. Bitcoin ETFs had lost $450.4 million on Sept. 15, their biggest one-day outflow since June 24. The U.S. Senate voted 49-50 against advancing the Clarity Act that day. The measure needed 60 votes. Bitcoin ETFs then drew nearly $1 billion on Sept. 21 and $715 million on Sept. 22. Their weekly inflows reached about $2.4 billion, the largest weekly total since October 2025. Bitcoin rose above the average ETF holder's cost basis of $81,722. That put the typical fund investor back in profit for the first time since January. Bitcoin was above $84,000 on Monday. SoSoValue data showed Ether ETFs added $982.5 million over 30 days and $17.1 million on Monday. Solana funds drew $278.2 million over the month. XRP funds drew $127.05 million over the month. A nine-day Bitcoin ETF inflow streak ended on Aug. 28.
This content is an AI-generated summary/analysis for informational purposes only and does not constitute investment advice.