US spot Bitcoin ETFs attracted $32.4 million on Sept. 23, extending their positive-flow streak to five sessions and bringing cumulative inflows to roughly $2.34 billion. The entire latest inflow went to Morgan Stanley’s MSBT, while BlackRock’s IBIT and Fidelity’s FBTC recorded no flows in the latest update. Bitcoin, however, reversed sharply from above $87,000, briefly fell below $84,000 and recovered slightly, remaining below its earlier highs. The divergence shows that continued demand for U.S.-listed funds has not prevented broader selling pressure in the spot market. Wednesday’s slowdown from $714.7 million to $32.4 million remains a key point to monitor: another strong inflow would indicate resilient institutional demand, while renewed outflows would end the five-session run.