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Bitcoin Rebounds Past $84,000 as US Spot ETFs Extend Inflow Streak to Eight Days

Bitcoin rebounded past $84,000 on Tuesday, trading near $84,300 as US spot Bitcoin ETFs extended their net inflow streak to eight consecutive sessions. Funds added $31.07 million on Monday, lifting cumulative streak inflows to roughly $3 billion and total net assets to $107.82 billion. Inflows decelerated roughly 97% from a $999 million peak on September 21. BlackRock's IBIT led recent additions with $54.84 million, offset by $23.19 million in redemptions from Grayscale's GBTC and $10.90 million from Fidelity's FBTC. Corporate holder Strategy also supported demand by purchasing 1,665 BTC.

Category

Bitcoin

Sentiment

Bullish

Event

Analyst flows

Reading time

1 min