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Bitcoin ETFs drew $433M on Friday after the Fed and CLARITY

Published September 21, 20267 min read
Line chart of Bitcoin, last 90 days (USD) on a dark background

Institutional allocators re-entered Bitcoin ETFs on Friday even though the two events that usually spook them both landed within 72 hours. Spot Bitcoin ETFs pulled in $433M net on Sept 18, led by Fidelity's FBTC at +$310.7M and BlackRock's IBIT at +$108.4M, after shedding roughly $746M combined on Sept 15 and 16 in the heaviest two-day exit since June. That Friday reversal pushed the full Sept 14-18 week to just +$6.1M net, a number that reads as a pause more than an accumulation event. The interesting signal is not the flat week. It is that institutional money came back the way it did, when it did, and into the largest issuers, and what that says about how this asset class is being repriced…

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