September 22, 16:00
Bitcoin ETFs absorb about 11,530 BTC in biggest day since 2024
Bitcoin ETFs just absorbed 11,500 BTC in their biggest buying day in nearly two years
CryptoSlate

US spot Bitcoin ETFs recorded $999 million in net inflows on Sept. 21, their largest daily total since Oct. 6, 2025, when the products attracted about $1.2 billion, according to SoSoValue data. The inflows were the strongest daily total of 2026. Measured in Bitcoin, the funds absorbed about 11,530 BTC, their largest one-day net intake since Nov. 11, 2024, when they added roughly 12,560 BTC. Bitcoin rose above $86,000 and briefly traded above $87,000, its highest level since January. BlackRock's iShares Bitcoin Trust, or IBIT, led with $381.4 million in inflows. The ARK 21Shares Bitcoin ETF, or ARKB, received $289.1 million, while Fidelity's Wise Origin Bitcoin Fund, or FBTC, received $238.8 million. The three funds accounted for more than $909 million of the total, and Bloomberg Intelligence ETF analyst Eric Balchunas said each of the six largest products contributed. Balchunas said IBIT's inflow ranked as its fourth-largest daily intake. He described the uneven pattern of recent creations as constructive and said irregular inflow days better reflect dispersed investor activity than allocations driven by a single large model or institution. The size of the creations contrasted with secondary-market activity. Bloomberg Intelligence ETF analyst James Seyffart said the US spot Bitcoin ETFs traded about $4.5 billion during the latest session, slightly below the roughly $4.6 billion recorded Friday. Balchunas said much of the roughly $1 billion inflow probably reflected trading and creation activity from Friday because fund flows are reported with a lag. He said the next disclosures may better show how investors responded after Bitcoin accelerated through $86,000. If Monday's rally generated another wave of creations, the ETFs could extend a reversal from the outflows that weighed on the market earlier this year and provide a sustained source of spot demand as Bitcoin approaches $90,000.
This content is an AI-generated summary/analysis for informational purposes only and does not constitute investment advice.