Bitcoin ETF inflows drop 76% before Labor Day, only BlackRock and Fidelity see new money
ETF inflows plunge 76% ahead of holiday
On Friday, September 4, 2026, U.S. spot Bitcoin exchange‑traded funds (ETFs) recorded net inflows of $174.6 million, a 76.1 % drop from the $730.8 million the day before. The decline came as the market entered the Labor Day break.
Key numbers
- Net inflows fell 76.1 % from Thursday to Friday.
- Only two of the twelve tracked funds had positive flows: BlackRock’s iShares Bitcoin Trust (IBIT) with $117.4 million and Fidelity’s Wise Origin Bitcoin Fund (FBTC) with $57.2 million.
- Ten funds showed zero net flows; none recorded net outflows.
- U.S. exchanges will be closed on Monday, September 7, for Labor Day; trading resumes on Tuesday, September 8.
Fund flow details
The daily flow table from Farside Investors shows that the seven funds with positive inflows on Thursday (IBIT, FBTC, BITB, ARKB, MSBT, GBTC and BTC) narrowed to only IBIT and FBTC on Friday. The other ten products—BITB, ARKB, BTCO, EZBC, BRRR, HODL, BTCW, MSBT, GBTC and BTC—each posted zero net flows.
Zero‑flow explanation
A zero net‑flow reading does not mean that a fund’s shares were not traded. Shares can be bought and sold between investors during market hours without creating or redeeming new shares. The flow table measures the net result of share creation and redemption at the fund level, not the total trading volume.
Labor Day market closure
Both Nasdaq and the NYSE list Monday, September 7, as a holiday. The next regular U.S. trading session for Bitcoin ETFs will be Tuesday, September 8. Global Bitcoin trading continues outside stock‑market hours, but the ETF route is paused until the exchange reopens.
What is confirmed
- Friday’s net inflows were $174.6 million.
- IBIT received $117.4 million; FBTC received $57.2 million.
- Ten other tracked funds reported zero net flows.
- No fund reported a net outflow on Friday.
- U.S. exchanges close for Labor Day on September 7 and reopen on September 8.
What remains unclear
- The identities of the investors behind the inflows are not disclosed.
- Whether the slowdown is linked to price movements, payroll data, or other market factors is not known.
Why it matters
The concentration of new money in only two Bitcoin ETFs suggests limited broad investor participation before the holiday. Monitoring the next session on September 8 will show if inflows spread to other funds.
