Bitcoin ETFs finish the week barely positive
Bitcoin ETFs finish the week barely positiveFidelity led Friday’s rebound, but five sessions produced just $6.1 million in net inflows.
Fidelity’s Friday inflows helped US spot Bitcoin ETFs finish the week just above zero. The recovery reached several issuers, yet BlackRock still attracted more money over the full week. Whether Fidelity and the smaller funds keep drawing inflows remains unresolved. Grayscale’s Zcash fund has meanwhile approached $1 billion in assets, helped by appreciation in tokens it already holds. In a separate market, traders have built nearly $80 million in Anthropic-linked futures ahead of a possible IPO, without acquiring the company’s shares. Top NewsFidelity surge brings in $310M BTC saving Bitcoin ETFs from a disastrous weekUS spot Bitcoin ETFs received $433 million on September 18, including $310.7 million for Fidelity’s FBTC, according to Farside Investors. Thursday and Friday recovered $592.5 million against $746.3 million withdrawn on Tuesday and Wednesday; Monday’s inflow left the five-session week at just $6.1 million net positive. Bitwise, ARK 21Shares and VanEck also attracted money on Friday, but one session does not establish that the wider participation will persist. ZEC’s 100% rally above $1500 sends Grayscale’s Zcash ETF within $85 million of $1 billionCryptoSlate’s September 19 report puts ZCSH assets at $914.53 million against $270.95 million in cumulative net inflows. ZEC appreciation explains part of the gap; a planned three-for-one split changes share count, not aggregate holding value. AI was supposed to take scammers’ jobs, but it gave them superpowers insteadFATF warns that AI lets smaller teams sustain more fraudulent identities and conversations. Chainalysis found higher average revenue among scams linked to AI vendors, but the association does not establish that AI caused the difference. From Our SponsorWINNLY Makes Mobile Gaming Rewarding — Play, Compete, EarnWINNLY lets players compete in 100% skill-based mini-games, climb leaderboards, and earn coins redeemable for gift cards from Amazon, PlayStation, Netflix, and more. What We’re Watching
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