Bitcoin (BTC) ETF IBIT saw first net inflow in 14 days

The string of exits came alongside a fall in the price of bitcoin (BTC) in late August and early September amid uncertainty about the direction of global markets, the US presidential election and the Fed’s upcoming interest rate decision. For the month of August, bitcoin fell 9% and fell further in the first week of September. The price has rebounded a bit since then, returning to $60,000 on Tuesday morning for the first time since late last month.