Bitcoin enthusiasts are continuing to invest heavily in US exchange-traded funds (ETFs) as the price of Bitcoin surpasses $65,000. On September 26, Bitcoin ETFs received a total of $365.7 million in inflows, marking the highest daily inflow in over two months. This surge in capital can be attributed to increased institutional interest in Bitcoin. The ARK 21Shares Bitcoin ETF led the way with an inflow of $113.8 million, followed by BlackRock with $93.4 million. Other notable inflows came from Fidelity, Bitwise, and VanEck. In contrast, Ethereum-based ETFs experienced a collective outflow of $100,000 on the same day. Despite this, Bitcoin ETFs have outperformed their Ethereum counterparts over the past two weeks, with Bitcoin seeing a 13% increase in value.
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