Bitcoin ETFs Garner $1.7B in Two Days as BTC Rises

US spot Bitcoin ETFs attract $1.7 billion in two days

US spot Bitcoin exchange-traded funds saw more than $1.7 billion in net inflows across two trading days as Bitcoin climbed above the estimated average cost basis for ETF investors. According to SoSoValue, inflows reached a 2026 peak on Monday and remained strong into Tuesday.

Daily flows and fund leaders

Monday recorded roughly $999 million in net inflows, followed by about $715 million on Tuesday. Total assets under management in US spot Bitcoin ETFs reached around $111 billion on Tuesday, up 56% from their June 30 low of about $71 billion, though still roughly 13% below the January high near $128 billion.

BlackRock's iShares Bitcoin Trust led Tuesday's inflows with approximately $350 million, Fidelity's Wise Origin Bitcoin Fund added about $257 million, and Grayscale's Bitcoin Mini Trust took in roughly $99 million, per Farside Investors data.

Investor breakeven and price action

Bloomberg Intelligence ETF analyst James Seyffart noted that the average Bitcoin ETF holder moved back into profit for the first time since January, as Bitcoin rose above his estimated ETF cost basis near $81,722 per coin. The inflows coincided with BTC trading around $86,000 on Tuesday, according to CoinGecko.

Bitcoin briefly surpassed $87,000 on Wednesday and traded near $86,467 at publication, gaining about 1.2% over 24 hours and 13.8% over seven days. The renewed demand for spot Bitcoin ETFs and continued ETF inflows suggest institutional and retail interest is returning as price momentum improves.

Investors tracking BTC, spot Bitcoin ETFs, and ETF inflows will be watching whether inflows sustain and push total assets back toward earlier highs, while broader market dynamics and macro conditions remain key drivers of ETF demand.