Bitcoin ETFs Snap 9-Day Inflow Streak, Still $5B Short of Record
US Bitcoin exchange-traded funds (ETFs) posted their first daily outflow in more than two weeks, interrupting a recovery that had pushed cumulative flows close to a record. The funds recorded $148.7 million of net withdrawals on September 30, ending nine consecutive positive sessions that brought in about $3.08 billion. Fidelity's FBTC drove most of the reversal, with $125.6 million in outflows, while Bitwise's BITB lost $13.6 million, and BlackRock's IBIT shed $9.5 million.
The products attracted about $2.65 billion during the month of September, their strongest monthly flow this year behind August's $3.52 billion. This brought 2026 net inflows to roughly $930 million after much of the year was spent underwater. The recovery has also brought lifetime cumulative flows back toward their previous high, leaving them roughly $5 billion short of their previous high-water mark of $62.8 billion.
Bloomberg Intelligence data show that the products peaked at about $62.8 billion in cumulative inflows on October 10, 2025, before months of redemptions erased much of that progress. The rebound was notable given the pressure Bitcoin ETFs had endured over the previous 11 months, with flows returning to levels reminiscent of their earlier strength even as Bitcoin contended with higher yields and lingering negative sentiment.