Bitcoin ETF inflows drop 81% from peak despite $2.8B six-day streak

4 hours ago 25

US spot Bitcoin ETF inflows cooled sharply on Thursday, with the funds pulling in roughly $191 million even as their six-day winning streak pushed total inflows past $2.8 billion. The slowdown comes after a blistering start to the week, when Bitcoin climbed toward multi-month highs and institutional money showed renewed interest in regulated crypto products.

Key takeaways

US spot Bitcoin ETFs added about $191 million in net inflows on Thursday, extending a six-session streak to more than $2.8 billion, according to SoSoValue data.
Daily inflows have fallen for three straight sessions after peaking at $999 million on Monday, a drop of 81% by Thursday.
BlackRock’s iShares Bitcoin Trust (IBIT) brought in about $163 million on Thursday and roughly $1.35 billion across the six-day run, nearly half of the total.
Bitcoin retreated from above $87,000 to $83,807 at publication, still up about 8% over the past seven days.
Year-to-date ETF inflows turned positive at around $787 million, reversing a $5.5 billion deficit recorded at the end of June.

US Spot Bitcoin ETFs See $191 Million Inflows Amid Six-Day $2.8 Billion Streak

Spot Bitcoin ETFs listed in the United States extended their inflow streak to six consecutive trading sessions on Thursday, adding about $191 million and lifting the cumulative total past $2.8 billion, based on figures compiled by SoSoValue. It’s the kind of run that tends to draw attention on trading desks, even when the daily numbers themselves are shrinking.

That six-session tally builds on a stretch that began the previous week, when a fresh wave of institutional buying coincided with Bitcoin‘s climb toward multi-month highs. The streak has become one of the more notable inflow runs of 2026, arriving at a moment when the broader market has been trying to shake off a rough middle stretch of the year.

Recent Decline in Daily ETF Inflows Following Monday’s Peak

Thursday’s total marked an 81% drop from Monday’s 2026 high of $999 million, underlining how quickly enthusiasm can fade even during an active inflow streak. The pullback wasn’t sudden — it unfolded over three straight sessions, with each day bringing in less money than the one before.

Corroborating data reported by Cointelegraph shows the pattern clearly: after Monday’s near-$999 million surge, Tuesday brought in $714.75 million, Wednesday slipped further to $347 million, and Thursday landed at $191 million. That steady decline suggests the initial burst of demand — tied to Bitcoin’s brief run above $87,000 — has been cooling off even as the funds keep posting positive numbers overall.

This matters for anyone watching spot Bitcoin ETFs as a gauge of institutional appetite. A single blowout day, like Monday’s, can inflate weekly totals without necessarily signaling a durable shift in sentiment. Three consecutive days of shrinking inflows point to a market that got excited, then pulled back to catch its breath.

BlackRock’s iShares Bitcoin Trust Drives Significant Portion of Inflows

BlackRock’s iShares Bitcoin Trust, the largest US spot Bitcoin ETF by assets, remained the dominant force behind the streak. IBIT accounted for about $163 million of Thursday’s $191 million total, according to Farside Investors data — meaning it captured the overwhelming majority of that day’s net demand almost entirely on its own.

Zooming out across the full six-session run, IBIT has pulled in roughly $1.35 billion, or nearly half of the funds’ combined inflows. That concentration highlights just how much weight a single product carries in shaping the overall picture for the US ETF market. On Wednesday, IBIT led with $166 million while Fidelity’s Wise Origin Bitcoin Fund (FBTC) added $143 million — a reminder that these two funds have consistently anchored the broader inflow trend throughout the week.

Bitcoin Price Movements and Year-to-Date ETF Investment Context

Bitcoin’s price action has tracked the same up-and-down rhythm as the ETF flows. At the time of publication, CoinGecko data showed the token changing hands at $83,807, a figure that marked a 0.3% dip over the previous 24 hours yet remained roughly 8% higher across the past week. That’s a notable retreat from the highs earlier in the week, when Bitcoin briefly pushed above $87,000.

The bigger story may be the shift in the year-to-date numbers. Year-to-date, these ETFs have now swung into positive territory for 2026, accumulating net inflows of about $787 million, a dramatic turnaround from the roughly $5.5 billion shortfall that had accumulated by the close of June. So far in September alone, $2.56 billion has poured in, building on the $3.52 billion recorded in August, which illustrates that the latter half of the year has treated these funds far more favorably than the earlier months did.

Taken together, the numbers tell a story of renewed but uneven institutional interest. Bitcoin price trends and ETF demand have moved in tandem this month, with each fresh rally in the spot price feeding a burst of inflows that then tapers as the price consolidates. Whether that pattern holds — or whether the next leg higher for Bitcoin brings another wave of ETF buying — remains the question hanging over the market as the streak’s momentum fades.