Bitcoin ETFs Attract Nearly $1 Billion in a Week
U.S.-listed spot Bitcoin ETFs attracted approximately $986.85 million in net inflows between August 31 and September 4, marking their third consecutive week of positive flows. This brought the total three-week accumulation to $3.82 billion, representing a strong performance for these funds this year. Despite some volatility during the week with outflows on Tuesday followed by significant inflows later in the week, Bitcoin ETFs ended up adding nearly 7% more capital compared to the previous week. By the end of the period, U.S. spot Bitcoin ETFs held $101.25 billion in net assets, accounting for about 6.33% of Bitcoin's total market cap. BlackRock’s IBIT led with over $691 million in inflows, capturing roughly 70% of all capital flowing into the funds during that week. Ethereum ETFs also saw positive flows but at a reduced pace compared to previous weeks. XRP and Solana ETFs experienced sharp declines in demand from their prior performance levels.
Tickers: $ARKB $BLK $FBTC $GBTC $IBIT
Topics: Bitcoin ETFs inflows market_cap