TL;DR
- Inflows Surge: Bitcoin ETFs attracted more than $1.7 billion over two days, including $999 million on Monday and $714.7 million on Tuesday.
- Assets Rebound: Total net assets across Bitcoin ETFs climbed to about $111 billion, up 56% from the June low but still below the January peak.
- Breakeven Milestone: Bitcoin moving above the estimated ETF holder cost basis of $81,722 helped improve sentiment and supported continued inflows.
Bitcoin ETFs attracted more than $1.7 billion in net inflows across two trading sessions, extending a sharp turnaround in investor demand as Bitcoin climbed above the estimated average cost basis of ETF holders. The surge came after Bitcoin recovered above key price levels, helping push many investors back into profit for the first time since January.
Data shows Bitcoin ETFs recorded approximately $999 million in net inflows on Monday before adding another $714.7 million on Tuesday. The strong performance coincided with Bitcoin trading near $86,000 and briefly moving above $87,000, reinforcing confidence across the market.
Massive Inflows Mark Strong Reversal
The latest figures highlight how quickly sentiment has shifted. Bitcoin ETFs experienced roughly $450.4 million in net outflows on Sept. 15, followed by another $295.9 million in outflows on Sept. 16. The trend then reversed sharply. A four-session streak of positive flows began with $159.5 million on Sept. 17 and continued with $433 million on Sept. 18, before accelerating significantly during the following two trading days.
Combined inflows during the streak reached about $2.31 billion. The recovery has also boosted the overall size of Bitcoin ETFs. Total net assets across US spot funds grew to around $111 billion on Tuesday. That figure represents a 56% increase from the 2026 low of roughly $71 billion recorded on June 30, although assets remain around 13% below the Jan. 14 peak of $128 billion.
BlackRock and Fidelity Lead the Charge
Among individual products, Bitcoin ETFs saw the strongest demand flow into BlackRock’s iShares Bitcoin Trust. The fund attracted about $350 million on Tuesday alone. Fidelity’s Wise Origin Bitcoin Fund followed with approximately $257 million in inflows. Additional contributions came from Morgan Stanley’s MSBT with $99 million, while several other funds posted smaller gains. Notably, Bitcoin ETFs recorded no net outflows during the session. The concentration of inflows into large funds suggests investors are returning to established products as Bitcoin regains momentum.
Bitcoin Price Recovery Boosts Confidence
The rally in Bitcoin ETFs arrived as Bitcoin moved above the estimated ETF holder cost basis of $81,722 per coin. According to Bloomberg Intelligence ETF analyst James Seyffart, this marked the first time since January that the average holder was back above water. That milestone appears to have strengthened demand for Bitcoin ETFs, helping extend their inflow streak. With Bitcoin trading around $86,000 at publication, up 1.2% over 24 hours and 13.8% over seven days, Bitcoin ETFs continue to benefit from renewed market optimism.
