U.S. Spot Bitcoin ETFs Extend Inflow Streak to Three Days, Pulling In $1.01 Billion

U.S. spot Bitcoin exchange-traded funds posted net inflows for a third straight trading day. While daily inflows slowed from the previous session, more than $1 billion flowed into the funds over the three-day stretch, signaling continued investor demand for Bitcoin.

SoSoValue data for Sept. 4 showed U.S. spot Bitcoin ETFs recorded total net inflows of $174.6 million. That followed net inflows of $101.15 million on Sept. 2 and $730.87 million on Sept. 3, marking three consecutive trading days of gains. Cumulative net inflows over the period totaled $1.00662 billion.

The inflows were concentrated in BlackRock and Fidelity products. BlackRock's iShares Bitcoin Trust (IBIT) brought in $117.38 million, or 67% of the day's total net inflows. Fidelity Wise Origin Bitcoin Fund (FBTC) posted net inflows of $57.22 million. In Bitcoin terms, the two funds added about 1,470 BTC and 718 BTC, respectively.

The remaining products, including Grayscale's GBTC and Bitcoin Mini Trust (BTC), Bitwise's BITB, and Ark Invest and 21Shares' ARKB, recorded neither net inflows nor net outflows.

Cumulative net inflows into U.S. spot Bitcoin ETFs rose to $55.62 billion. IBIT led with cumulative net inflows of $64.06 billion, followed by FBTC at $10.33 billion. By contrast, GBTC has posted total net outflows of $27.65 billion since launch.

On Sept. 4, daily trading volume in spot Bitcoin ETFs totaled $2.95 billion, while total net assets stood at $101.25 billion. That was about $2.09 billion lower than the previous day's $103.34 billion.