US spot Bitcoin ETFs recorded net inflows of $347 million on Wednesday. This result marks a five-day positive streak for the funds, which accumulated a total of $2.65 billion during this period. The daily inflow figure decreased compared to Tuesday's $714.75 million and Monday's peak of $998.95 million.
BlackRock’s iShares Bitcoin Trust led the market with $166 million in inflows, while Fidelity’s Wise Origin Bitcoin Fund followed with $143 million. Year-to-date, total inflows into Bitcoin ETFs have reached approximately $596 million, with $2.37 billion attracted in September alone.
Other cryptocurrency investment products also saw growth on Wednesday. US spot Ether ETFs reported $105 million in net inflows, bringing their cumulative total to $13.8 billion. Spot XRP ETFs added $18 million, reaching a cumulative inflow of approximately $1.8 billion.
At the time of the report, Bitcoin was trading at $83,743. The asset experienced a 2.7% decline over 24 hours, despite having previously traded above $87,000. Over the past seven days, the price of Bitcoin has increased by 9.5%.
