Home Crypto Bitcoin ETFs draw $2.39 billion in a week of inflows

Bitcoin ETFs draw $2.39 billion in a week of inflows

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Bitcoin ETFs draw $2.39 billion in a week of inflows
Bitcoin ETFs draw $2.39 billion in a week of inflows

U.S. spot Bitcoin ETFs saw strong demand during the Sep. 21–25 trading week, bringing in a combined $2.39 billion. The funds recorded net inflows on all five trading days.

Spot Ether ETFs also had a positive week, attracting $689.8 million, while Solana ETFs brought in $188.1 million.

Bitcoin ETFs received their biggest daily inflow on Monday, when investors added $999 million. The funds then recorded $714.7 million on Tuesday, $346.9 million on Wednesday, $190.7 million on Thursday and $134.5 million on Friday.

BlackRock’s iShares Bitcoin Trust (IBIT) led the Bitcoin funds with $1.16 billion in weekly inflows. Fidelity’s FBTC followed with $701.6 million, while ARK 21Shares’ ARKB brought in $294.7 million. Morgan Stanley’s MSBT recorded $203.3 million.

Monday was particularly strong, accounting for almost $1 billion of the total weekly inflows. IBIT received $381.4 million that day, ARKB brought in $289.1 million and FBTC added $238.8 million.

The pace slowed later in the week, but Bitcoin ETFs remained in positive territory through Friday. IBIT recorded inflows on every trading day.

The weekly total was also much higher than the previous week, when Bitcoin ETFs recorded only about $6.1 million in net inflows after significant withdrawals earlier in the week.

Bitcoin moved above $87,000 earlier in the week before falling back toward $84,000. Despite the price pullback, ETF flows remained positive. However, the inflow figures alone do not show exactly how much of Bitcoin’s price movement was caused by ETF demand.

Ether ETFs also had a strong week, recording $689.8 million in net inflows across all five sessions. The funds received $270 million on Monday, followed by $162.2 million on Tuesday, $104.5 million on Wednesday, $66.1 million on Thursday and $87 million on Friday.

The result reversed the previous week’s roughly $140.6 million net outflow.

BlackRock’s ETHA led the Ether funds with $326.2 million in weekly inflows, followed by Fidelity’s FETH with $174.1 million. BlackRock’s staking fund ETHB added another $47.5 million.

Solana ETFs also recorded positive flows throughout the week, bringing in a total of $188.1 million.

The funds received $26 million on Monday, $28.9 million on Tuesday, $13.7 million on Wednesday, $32.8 million on Thursday and $86.7 million on Friday.

Bitwise’s BSOL accounted for $128.4 million of the weekly Solana ETF inflows. On Friday alone, BSOL received $55.7 million, while Grayscale’s GSOL added $18.5 million and Morgan Stanley’s MSOL brought in $6 million.

Combined, Bitcoin, Ether and Solana ETFs recorded around $3.26 billion in net inflows during the Sep. 21–25 trading week. Bitcoin funds accounted for roughly 73% of the total.
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