Bitcoin ETFs Experience Significant Inflows, Adding Nearly $3 Billion

U.S. spot Bitcoin ETFs have seen a significant surge in investments, amassing nearly $3 billion over the past month, with daily inflows hitting $31.07 million on September 28, according to data from SoSoValue. This trend marks an impressive recovery following a challenging period that began with a substantial outflow of $450.4 million on September 15, linked to the Senate's failure to advance the Clarity Act.

The current inflow streak, which has lasted for eight consecutive trading days as of Monday, reflects a robust rebound in investor interest. On September 21, inflows reached almost $1 billion, making it the strongest day for Bitcoin funds since late 2025, followed by another influx of $715 million the next day.

While Monday's inflow of $31.07 million was modest compared to previous days, BlackRock's IBIT fund saw a notable contribution of $54.84 million. In contrast, Grayscale's GBTC and Fidelity's FBTC reported declines of $23.19 million and $10.90 million, respectively. Overall, Bitcoin ETFs managed to secure around $2.4 billion in inflows for the week, marking the highest weekly total since October 2025.

The positive momentum is not limited to Bitcoin; Ethereum ETFs gained $982.5 million in the past 30 days, with Solana and XRP funds also reporting inflows of $278.2 million and $127.05 million, respectively. If inflows continue, they may match earlier records set in August, when a previous streak of inflows ended after a dip in investor sentiment.

As demand for Bitcoin ETFs grows, prices have risen above the average cost basis for ETF holders, which stands at $81,722, allowing them to realize profits for the first time since January. The price of Bitcoin was reported at over $84,000 on Monday. Analysts will be closely watching how this trend develops in the coming days, particularly for signs of sustained investor confidence.