Bitcoin Spot ETF Sees $160 Million Net Inflows in One Day

U.S. Bitcoin spot ETFs saw $160 million in net inflows on September 14, according to data cited by PANews. BlackRock's IBIT led with $134 million in inflows, while Fidelity's FBTC recorded $53.33 million in net inflows and Ark Invest/21Shares' ARKB saw $41.95 million in outflows.

IBIT's cumulative net inflows now stand at $64.14 billion, and FBTC has accumulated $10.34 billion. The total assets under management for Bitcoin spot ETFs reached $100.92 billion as of the reporting date, representing 6.3% of Bitcoin's total market capitalization. Cumulative net inflows totaled $55.32 billion.