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Bitcoin’s $84,000 wall gets harder to break as ETF inflows sink to $31 million

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Bitcoin’s $84,000 wall gets harder to break as ETF inflows sink to $31 million

US Bitcoin exchange-traded funds drew just $31 million in inflows on Sept. 28 as institutional demand weakened while BTC stalled below a major supply barrier. According to SoSoValue data, BlackRock’s iShares Bitcoin Trust (IBIT) led the session with $54.84 million in inflows, adding about 657 Bitcoin and lifting its holdings back above 800,000 BTC for […] The post Bitcoin’s $84,000 wall gets harder to break as ETF inflows sink to $31 million appeared first on CryptoSlate.

Key Takeaways

  1. US Bitcoin exchange-traded funds drew just $31 million in inflows on Sept.
  2. 28 as institutional demand weakened while BTC stalled below a major supply barrier.
  3. According to SoSoValue data, BlackRock’s iShares Bitcoin Trust (IBIT) led the session with $54.84 million in inflows, adding about 657 Bitcoin and lifting its holdings back above 800,000 BTC for […] The post Bitcoin’s $84,000 wall gets harder to break as ETF inflows sink to $31 million appeared first on CryptoSlate.
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Summary generated by IndiCrypto from CryptoSlate. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.