U.S. spot Bitcoin and Ethereum exchange-traded funds attracted a combined $1.2 billion during the trading week ended September 4. The strong inflow came as Bitcoin reclaimed the $80,000 level and investor appetite for crypto assets improved.
Bitcoin funds led the move, accounting for more than 80% of the weekly total. The figures show that institutional demand remains resilient despite recent market volatility and shifting expectations for U.S. monetary policy.
Bitcoin ETFs Lead the Weekly Inflows
U.S. spot Bitcoin ETFs recorded about $986.7 million in net inflows for the week. BlackRock’s Bitcoin fund captured the largest share, attracting roughly $691.5 million.
The surge followed a particularly strong session on September 3. Bitcoin ETFs recorded about $730.9 million in net inflows that day, marking their largest single-day inflow since January 14.
BlackRock’s fund accounted for roughly $454 million of Thursday’s inflows. ARK 21Shares and Fidelity also posted substantial gains.
Bitcoin climbed back above $80,000 during the week, strengthening the connection between renewed ETF demand and the cryptocurrency’s price recovery.
Ethereum Demand Remains Positive
Ethereum ETFs attracted about $215.3 million during the same week. However, the figure represented a sharp decline from the previous week’s inflows.
The latest numbers still point to sustained institutional interest in Ethereum. Investors have continued to use regulated ETF products to gain exposure without directly holding the underlying cryptocurrency.
Market conditions remain a key factor for both assets. Stronger economic data and changing expectations for Federal Reserve policy could influence flows in the coming weeks.
The combined $1.2 billion inflow nevertheless highlights renewed buying interest across the two largest cryptocurrencies. If ETF demand remains strong, it could provide additional support for Bitcoin and Ethereum as investors assess the next phase of the crypto market.