TLDR
- U.S. spot Bitcoin ETFs attracted $986.9 million in net inflows last week, extending their positive streak to three weeks.
- BlackRock’s IBIT led the market with $691.5 million in weekly inflows, accounting for most of the total.
- Bitcoin ETF trading volume fell to $14.5 billion from nearly $19 billion, even as net inflows increased.
- Spot Ether ETFs added $218.4 million in weekly inflows, also marking a third straight positive week.
- Bitcoin remained close to $80,000 after reaching about $81,700, while traders watched the $82,000–$85,000 range.
U.S. spot Bitcoin ETFs recorded $986.9 million in net inflows last week, extending their positive run to three consecutive weeks. The total rose from $924.5 million in the prior week, according to SoSoValue data. The latest figures came as Bitcoin price held near $80,000 and institutional demand returned to the market.
Spot Bitcoin ETFs Extend Inflow Streak
BlackRock’s IBIT led the funds with $691.5 million in net inflows for the week ended September 4. The gains followed a strong August, when spot Bitcoin ETFs attracted $3.52 billion, their largest monthly inflow since September 2025.
Trading activity slowed despite the stronger flows. Weekly trading volume for the funds reached $14.5 billion, down from nearly $19 billion in the previous week. Analysts linked the continued inflows to renewed institutional exposure rather than leverage-led trading.
U.S. spot ether ETFs recorded $218.4 million in net inflows last week, marking their third consecutive week of positive flows. Weekly trading volume reached $4.1 billion, compared with $6.3 billion during the previous week.
Ether funds also posted a strong August. They attracted $1.85 billion in monthly inflows, their best monthly total since August 2025. The combined figures showed steady demand across both major crypto ETF markets.
Bitcoin Deleveraging Resets Futures Market
Bitcoin traded near $79,951 late Sunday after reaching about $81,700 last Thursday. Zeus Research analyst Dominick John said holding $80,000 keeps the market structure constructive, while Presto Research associate Min Jung pointed to renewed institutional demand.
CryptoQuant analyst Darkfost said Bitcoin recently completed its sharpest deleveraging phase since 2023. The move followed a large liquidation event that removed excess leverage from the derivatives market and forced crowded positions to unwind.
CryptoQuant Analyst: Bitcoin Sees Sharpest Deleveraging Phase Since 2023
CryptoQuant analyst Darkfost said Bitcoin has recently experienced its sharpest deleveraging phase since 2023, with Binance’s open interest briefly falling below its 180-day average. Binance’s current open… pic.twitter.com/Tw6olYgvsE
— Wu Blockchain (@WuBlockchain) September 7, 2026
Binance Bitcoin open interest briefly dropped below its 180-day moving average before recovering to about $9.6 billion. That level remains above the $8.3 billion average and represents about 37% of total Bitcoin open interest.
Traders have returned after the reset, but another rapid increase in leverage could raise liquidation risk if volatility returns. Market attention now turns to U.S. jobless claims on September 10 and CPI data on September 11. Those releases could shape expectations for Federal Reserve policy, yields, liquidity, and Bitcoin’s next move.
John expects Bitcoin to move toward $82,000 to $85,000 if macro conditions remain supportive. Jung said a hotter inflation reading could again pressure the market by changing expectations for rates and liquidity across risk assets this week.
