Catenaa, Wednesday, September 09, 2026- US spot Bitcoin exchange-traded funds drew $986.9 million in net inflows last week, marking a third consecutive positive week as institutional demand recovered.
SoSoValue data showed the weekly total increased from $924.5 million during the previous week.
BlackRock’s iShares Bitcoin Trust, or IBIT, dominated the latest inflows. The fund attracted $691.5 million during the week ended Sept. 4.
IBIT therefore accounted for about 70% of all net money entering US spot Bitcoin ETFs during the period.
Trading activity weakened despite the stronger inflows.
Total trading volume across the Bitcoin funds fell to $14.5 billion from nearly $19 billion during the previous week.
US spot Ether ETFs also recorded their third consecutive week of net inflows.
The Ether funds attracted $218.4 million during the week, while trading volume declined to $4.1 billion from $6.3 billion.
The latest numbers extend a strong August for both groups of crypto investment products.
Spot Bitcoin ETFs recorded $3.52 billion in net inflows during August, their strongest monthly result since September 2025.
Spot Ether ETFs attracted $1.85 billion during August, their best monthly inflow since August 2025.
Dominick John, an analyst at Zeus Research, told The Block that sustained ETF inflows indicate institutional investors are rebuilding Bitcoin exposure through spot markets.
John said the pattern points toward genuine underlying demand rather than a rally driven mainly by leveraged trading.
Min Jung, a research associate at Presto Research, told The Block that cryptocurrencies appear to be catching up after underperforming other risk assets.
Jung said the ETF flows indicate renewed institutional demand for digital assets.
Bitcoin remained close to $80,000 after reaching about $81,700 on Thursday.
The cryptocurrency traded around $79,950 late Sunday, according to The Block, after showing little movement during the previous 24 hours.
John said maintaining the $80,000 area would leave Bitcoin positioned for further gains toward the $82,000 to $85,000 range.
He said the next major move is likely to depend on US economic data and expectations for Federal Reserve policy.
Jung identified inflation as an important downside risk, saying stronger-than-expected price pressures could weaken the supportive macroeconomic environment.
US spot Bitcoin ETFs began trading in January 2024 after the SEC approved funds holding Bitcoin directly. The structure gave institutional and retail investors regulated exposure without requiring direct cryptocurrency custody.
BlackRock’s IBIT has since emerged as one of the dominant products in the sector, competing with funds from Fidelity, Grayscale and other asset managers.
ETF flows are closely watched because purchases by spot funds create direct demand for underlying Bitcoin rather than exposure through derivatives alone. Sustained inflows can therefore indicate changing allocations among traditional investors.
The latest three-week run follows periods of more uneven institutional activity and comes as Bitcoin trades near $80,000. Continued ETF demand could become an important factor in determining whether the cryptocurrency can maintain its recent recovery.
