Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnAISquareMore
Bitcoin ETFs see $28.6M inflows after 8-day outflow streak

Bitcoin ETFs see $28.6M inflows after 8-day outflow streak

CointelegraphCointelegraph2024/09/10 09:20
By:Brayden Lindrea

Three spot Bitcoin ETF issuers saw an inflow on Sept. 9 — but it didn’t include BlackRock, which recorded a rare outflow on the day.

United States-based spot Bitcoin exchange-traded funds (ETFs) saw a net inflow of $28.6 million on Sept. 9 — breaking eight consecutive trading days of outflows.

BlackRock’s iShares Bitcoin Trust (IBIT) also saw its third-ever day of net outflows at $9.1 million, its smallest on record next to its biggest $36.9 million outflow on May. 1 and $13.5 million on Aug. 29 , Farside Investors data shows.

The Fidelity Wise Origin Bitcoin Fund (FBTC) saw the largest inflow on the day at $28.6 million, while the Bitwise Bitcoin ETF (BITB) and ARK 21Shares Bitcoin ETF (ARKB) tallied respective inflows of $22 million and $6.8 million, 

The Invesco Galaxy Bitcoin ETF (BTCO) also recorded an inflow of $3.1 million.

Bitcoin ETFs see $28.6M inflows after 8-day outflow streak image 0
Flows for the US spot Bitcoin ETFs on Sept. 9 (Green). Source: Farside Investors

Roughly $1.2 billion left the spot Bitcoin ( BTC ) ETFs in the trading days between Aug. 27 and Sept. 6 before the eight-day outflow streak broke on Sept. 9.

It followed a 5.35% Bitcoin rally to a high of $57,635 on Sept. 9 before cooling off to $56,682 at current prices, CoinGecko data shows.

Bitcoin ETFs see $28.6M inflows after 8-day outflow streak image 1
Bitcoin’s change in price since Sept. 8. Source: CoinGecko

BlackRock continues to lead all spot Bitcoin ETF issuers with $20.9 billion in total net inflows, while Fidelity and ARK 21Shares round out the top three at $9.45 billion and $2.28 billion, respectively.

Total net inflows across all currently amount to $16.93 billion, which includes over $20 billion in outflows from the Grayscale Bitcoin Trust (GBTC).

Ethereum ETFs still in the red

The US-issued spot Ether ( ETH ) ETFs saw $5.2 million in outflows on Sept. 9 — marking their seventh trading day without an inflow.

Similar to the spot Bitcoin ETFs, BlackRock and Fidelity’s Ether products led the pack with respective inflows of $1 billion and $405.4 million.

Bitwise’s fund came in third at $315.9 million, while the Grayscale Ethereum Trust (ETHE) has seen $2.69 billion in outflows.

16
3

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

OpenAI and Anthropic Launch "Low-Cost Models" on the Same Day, Kicking Off a "Price War"

Anthropic launched Claude Opus 5.5, with costs 40% lower than the previous generation; OpenAI released Sol and Luna, priced 50% lower than the previous series. The driving force behind these price reductions is the continued market share expansion of Chinese open-weight models. Additionally, Anthropic is using this opportunity to lay the groundwork for the largest tech IPO in history, while OpenAI aims to reverse its sluggish growth from earlier this year.

华尔街见闻2026/09/23 00:11

From "Shovel Sellers" to "Shovel Makers": How Innodata (INOD.US) Achieved a Transformation with the Tailwind of Meta AI

Overnight, U.S. stock Innodata surged 15% in a single day, directly triggered by a research report from Hunterbrook Capital. The report indicated that Meta's newly launched personal AI agent, Muse, is likely to achieve significant success, and Innodata is likely one of Meta's largest data service clients.

智通财经2026/09/22 23:41

ECB Governing Council Member Nagel: If energy prices remain high, interest rates may need to be raised to a moderately restrictive level

Joachim Nagel, a member of the European Central Bank's Governing Council and President of the German Bundesbank, said that if energy prices remain high, the European Central Bank may have to raise interest rates to levels that restrain economic growth.

智通财经2026/09/22 23:41

Apple (AAPL.US) reportedly developing a screenless fitness band to compete with Whoop: undecided on release, earliest launch in 2028

Apple is developing a new fitness tracker to compete with Whoop.

智通财经2026/09/22 23:16