Bitcoin Spot ETFs See $292M Inflows, 7-Day Streak Led by BlackRock

Bitcoin spot ETFs are once again in the spotlight after recording strong inflows. According to SoSoValue data, these products saw $292 million in net inflows on September 16. This marks the seventh consecutive day of gains. It shows steady investor confidence in Bitcoin backed funds. The biggest driver was BlackRock’s iShares Bitcoin Trust (IBIT). It pulled in $209 million in a single day, more than two-thirds of the total inflows. With this, IBIT’s historical inflows now stand at an impressive $60.25 billion.

BlackRock Leads the Pack

BlackRock has quickly established itself as the leader among U.S. Bitcoin spot ETFs. The fund’s net assets reached $89 billion. It represents a 3.83% share of the entire Bitcoin market cap. Investors appear to trust IBIT’s liquidity and low-cost structure. Other funds also contributed to the streak. Fidelity’s Wise Origin Bitcoin Fund (FBTC) recorded $45.7 million in inflows. While Ark Invest and 21Shares’ ARKB attracted $40.6 million. 

VanEck’s HODL added $7.4 million. But not all ETFs gained. Bitwise’s BITB saw outflows of $10.7 million. It shows that competition remains strong across issuers. Meanwhile, older funds such as Grayscale’s GBTC reported no new inflows on the day. GBTC continues to struggle after losing its fee advantage earlier in the year.

Total Market Impact

The surge in flows pushed the combined net asset value of Bitcoin spot ETFs to $153.78 billion. This represents 6.61% of Bitcoin’s total market capitalization. It shows that ETFs are now a significant part of the Bitcoin investment landscape. Cumulative net inflows since launch have reached $57.38 billion. Daily trading activity is also strong. With $2.95 billion in value traded across all ETFs on September 16. BlackRock’s IBIT alone accounted for $2.24 billion of that total. The data highlights how ETFs are becoming the preferred gateway for institutional and retail investors to access Bitcoin. Instead of holding coins directly, many choose the regulated and liquid ETF structure.

Why Investors Are Buying

Several factors explain the recent streak of inflows. First, Bitcoin’s market has shown resilience despite global economic uncertainty. Investors see the asset as a hedge against inflation and currency risks. Second, the regulatory environment has become clearer. After U.S. approval of spot ETFs earlier this year, more institutions are comfortable allocating capital. BlackRock and Fidelity’s presence has given traditional investors confidence in the market’s credibility. Third, lower fees and strong liquidity make ETFs more attractive than alternatives like trusts or futures-based products. IBIT’s fee of 0.25% undercuts many rivals. While its trading volume ensures investors can enter and exit positions easily.

Bitcoin ETF Inflows

The continued inflows raise questions about how large Bitcoin ETFs can become. With net assets now above $150 billion, these products are already comparable to mid-sized equity ETFs. If the trend continues, ETFs could soon hold over 10% of Bitcoin’s total supply. This growth may also increase Bitcoin link with traditional markets. Large inflows and outflows through ETFs can affect liquidity and price volatility. Yet strong institutional participation could bring greater stability and legitimacy. BlackRock dominance suggests consolidation in the sector. But other players like Fidelity, Ark, and VanEck remain competitive. More firms may enter the market, especially if Bitcoin prices rise again.

Future Outlook

The latest $292 million in daily inflows shows how important Bitcoin ETFs have become. BlackRock’s IBIT leads the market, but other funds are also attracting strong demand. Seven straight days of inflows highlight growing investor appetite for regulated Bitcoin exposure. As ETFs gain a bigger share of Bitcoin’s market cap. They may shape the future of digital asset investing. Currently, the message is clear: mainstream investors are buying Bitcoin through ETFs, and they show no sign of slowing down.