Bitcoin Price Prediction: ETF Flows Turned Green After $5.8 Billion Outflow

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Bitcoin is hovering around $86,500 with a 13.90% gain over the past week. U.S. spot Bitcoin ETFs recorded $190.7 million in net inflows on September 24, extending their winning streak to six consecutive trading sessions. The six-session total reached roughly $2.84 billion. This marks a sharp reversal: cumulative flows for the year have swung from a $5.8 billion deficit in mid-July to $800 million net positive today, a $6.6 billion turnaround in just over two months. BlackRock led with $162.6 million for IBIT, followed by Fidelity ($12.9 million), Morgan Stanley ($10.2 million), Franklin Templeton ($4.9 million), and Bitwise ($4.1 million), partly offset by a $4 million outflow from WisdomTree.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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