Net investments into U.S. spot Bitcoin funds reached $346.98 million on Sept. 23, as the market saw widespread buying across several digital assets. Spot Ether ETFs attracted $104.63 million on the same day, while Solana and XRP funds recorded net inflows of $13.77 million and $18.04 million, respectively.

The positive momentum continues a five day streak for Bitcoin ETFs, which have attracted $1.7 billion total this week. This institutional surge follows a rally that pushed Bitcoin to $86,000 on Sept. 21, its highest level since January. This price action, combined with a weekly close above the 50 week moving average, led some analysts to declare the end of the crypto bear market.