Summary
- U.S. spot Bitcoin ETFs recorded $1.00662 billion in net inflows over three days, signaling continued investor demand for Bitcoin.
- Inflows were concentrated mainly in BlackRock's IBIT and Fidelity's FBTC, which drew $117.38 million and $57.22 million, respectively.
- Cumulative net inflows into U.S. spot Bitcoin ETFs reached $55.62 billion, while total net assets were tallied at $101.25 billion.
Forecast Trend Report by Period
U.S. spot Bitcoin exchange-traded funds posted net inflows for a third straight trading day. Daily inflows slowed from the previous session, but more than $1 billion entered the funds over the three-day stretch, underscoring continued investor demand for Bitcoin.
Data from SoSoValue showed U.S. spot Bitcoin ETFs took in net inflows of $174.6 million on Sept. 4. That followed $101.15 million on Sept. 2 and $730.87 million on Sept. 3, extending the inflow streak to three sessions. Total net inflows over the period came to $1.00662 billion.
The money was concentrated in BlackRock and Fidelity products. BlackRock's iShares Bitcoin Trust (IBIT) attracted $117.38 million, accounting for 67% of the day's total net inflows. Fidelity Wise Origin Bitcoin Fund (FBTC) drew $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 cumulative 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 down about $2.09 billion from $103.34 billion a day earlier.
