U.S. spot bitcoin exchange-traded funds pulled in $433 million on Friday, their largest single-day inflow since Sept. 3, salvaging a week that had been running deeply negative. The funds finished the week ending Sept. 18 with $6.2 million in net inflows, according to SoSoValue data. Bitcoin rose more than 6% on Friday and held the gain, reaching $82,100 early on Monday.
The weekly inflow figure shows how close the category came to a second consecutive loss. Monday brought $160 million in, followed by withdrawals of $450.3 million on Tuesday and $296 million on Wednesday. Thursday’s $159.5 million still left the funds down $426.8 million heading into Friday. Fidelity’s FBTC supplied $310.7 million of Friday’s total, with BlackRock’s IBIT contributing $108.4 million. Over the full week, that order reversed: IBIT took in $120.7 million against FBTC’s $79.9 million, while the remaining funds shed roughly $194.4 million between them.
The demand swing at the end of the week aligned with a rally that has pushed Bitcoin back above $81,000 after two weeks below. The asset was most recently trading near $81,600 after reaching $82,100 earlier in the day.
Khing Oei, founder and CEO of Dutch bitcoin treasury firm Treasury, said on X that the current move is driven by allocation, adding that it typically “moves slowly and then all at once.”
Ether funds, meanwhile, were not as fortunate as their Bitcoin counterparts. They shed $140 million for the week, ending a four-week streak that had collected $1.94 billion, even after taking in $143.8 million on Friday. Trading volume jumped across both categories, with bitcoin fund volume reaching $16.17 billion against $8.77 billion the week before and ether volume rising to $6.82 billion against a previous $5.14 billion. Bitcoin ETFs are still down roughly $1.45 billion for 2026, holding $102.53 billion in net assets. Bloomberg ETF analyst Eric Balchunas on Thursday credited holders with “incredible intestinal fortitude” for sitting through a 50% drawdown.
The Bitcoin ETF rebound closed a punishing week for the industry. The Clarity Act failed a Senate procedural vote on Tuesday, leaving the SEC and CFTC to write rules on their own. The Federal Reserve raised rates a quarter point on Wednesday to 3.75%-4%, its first increase since July 2023.
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