Bitcoin ETFs Add $31M as BTC Nears $84,000

U.S. spot Bitcoin exchange-traded funds extended their inflow streak on Sept. 28, logging a combined $31 million in net subscriptions as Bitcoin rebounded toward the $84,000 level. BlackRock's iShares Bitcoin Trust (IBIT) led the session with $54.8 million of net inflows, while Grayscale's Bitcoin Mini Trust (BTC) took in $10.3 million. The gains were partly offset by $10.9 million of outflows from Fidelity's FBTC and $23.2 million exiting Grayscale's GBTC. Other major spot Bitcoin ETFs saw little to no meaningful movement. Although the $31 million total was modest, it extended a strong run for the category. Net inflows reached $999 million on Sept. 21 and $714.7 million on Sept. 22, followed by $346.9 million on Sept. 23, $190.7 million on Sept. 24, and $134.5 million on Sept. 25. The latest figures also suggest the buying pace has cooled notably. Bitcoin price action remained choppy over the past 24 hours. BTC dipped below $83,000 early yesterday, pushed above $83,500 and briefly cleared $84,000, then slid back toward about $82,800 before buyers returned. A second rebound lifted the token to roughly $84,100, followed by a pullback toward the $83,700 area. Repeated attempts around $84,000 have reinforced the level as a key short-term zone. Bitcoin has recovered quickly from dips over the past day, but has yet to hold a decisive break above $84,000. Still, the ongoing ETF inflow streak points to resilient institutional demand despite the recent volatility.