Summary
- On September 29, Bitcoin ETFs saw inflows of $66.19 million, marking their ninth consecutive day of positive net inflows.
- From September 17 to 29, these funds accumulated approximately $3.08 billion, surpassing the $3.04 billion gained during a similar nine-day period in August.
- Bitcoin's trading price was around $84,400 on Wednesday, down from its September peak of about $87,350, while daily inflows dropped significantly from $999 million on September 21 to $66 million.
Bitcoin continues its upward trajectory, drawing consistent interest from ETF investors.
According to Decrypt’s Bitcoin ETF tracker, U.S. spot Bitcoin ETFs recorded $66.19 million in inflows on Tuesday, marking the ninth straight day of net inflows. The price of Bitcoin hovered around $84,400 on Wednesday, reflecting a roughly 1% increase for the day, recovering from losses incurred on Monday.
Myriad: When will Bitcoin achieve a new all-time high? Make your prediction here.The current inflow streak commenced on September 17 and has brought in around $3.08 billion, as reported by Decrypt. This amount surpasses the approximately $3.04 billion accumulated during the nine-day inflow period from August 17 to August 27.
While both streaks share the same duration, this latest one has outperformed August's in terms of dollar amount by about $33 million. This is a significant achievement, especially considering August's rally is credited with helping Bitcoin recover from a bearish market.
Net flows of Bitcoin ETFs. Image: DecryptBitcoin ETFs provide investors with a means to engage with the asset without the necessity of purchasing Bitcoin directly from exchanges or managing it in wallets. These ETFs track Bitcoin's price and function similarly to stocks on trading platforms. Since their inception two and a half years ago, they have gained considerable popularity, and market analysts often view their inflow and outflow patterns as indicators of market sentiment.
Recent weeks have shown a notable shift in investor sentiment.
On September 16, the Federal Reserve raised interest rates by 25 basis points to a range of 3.75% to 4%, marking the first increase since 2023. Prior to the announcement, traders had estimated a nearly 93% probability of this hike. Higher interest rates tend to deter investment in riskier assets like Bitcoin, as the availability of “cheap money” diminishes.
Following this announcement, Bitcoin's price fell to approximately $75,000, with ETFs experiencing a withdrawal of about $746 million over two days. However, on September 17, inflows turned positive with $159.5 million, and Bitcoin regained its footing above $80,000 within a couple of days.
The influx of capital was rapid, with inflows reaching $999 million by September 21, leading to a total of $2.4 billion for the week ending September 25, marking the largest weekly inflow since October 2025. This surge helped return the funds to a positive net position for 2026.
Despite the challenging macroeconomic environment, Bitcoin's resurgence began on August 19, when the Treasury announced it would double its longer-term bond buybacks to a minimum of $4 billion per operation. On that day, Bitcoin peaked at $69,000 for the first time in two months.
Currently, Bitcoin remains around one-third lower than its all-time high of $126,296 reached in October 2025.
This ongoing inflow streak, while impressive, still falls short of the record 13 consecutive days of inflows achieved in June 2025. To match that record, inflows would need to continue through Monday, October 5.
