NewsCryptoBitcoin ETF inflows drop 76% ahead of Labor Day as only BlackRock and Fidelity attract fresh money

Bitcoin ETF inflows drop 76% ahead of Labor Day as only BlackRock and Fidelity attract fresh money

Author: CryptoNewsNet·

Key Takeaways

  • US spot Bitcoin ETFs saw net inflows of $174.6 million on Sept. 4, 2026, down 76.1% from $730.8 million the previous day.
  • Only BlackRock's IBIT ($117.4 million) and Fidelity's FBTC ($57.2 million) posted positive flows, while the other ten funds recorded zero net flows and no outflows.
  • The number of funds with positive flows fell from seven on Thursday to two on Friday.
  • US exchanges are closed Monday, Sept. 7 for Labor Day, making Tuesday, Sept. 8 the next regular session for Bitcoin ETFs.
  • Analysts typically rely on multi-week averages rather than single-day readings to assess demand trends in these products.
Bitcoin ETF inflows drop 76% ahead of Labor Day as only BlackRock and Fidelity attract fresh money

US spot Bitcoin exchange-traded funds recorded net inflows of $174.6 million on Friday, Sept. 4, 2026, according to Farside Investors' daily table. Only funds from BlackRock and Fidelity attracted positive net flows, leaving the final US exchange session before the Labor Day closure dependent on just two products for its net inflow.

The total represented a 76.1% decline from Thursday's net inflow of $730.8 million on Sept. 3. Positive flows narrowed from seven of the 12 tracked funds to two. The slowdown followed a surge in Bitcoin and Ethereum ETF activity in the preceding session, with Friday's Bitcoin result both smaller and less broadly shared across funds.

On Thursday, the seven funds with positive flows were IBIT, FBTC, BITB, ARKB, MSBT, GBTC and $BTC. By Friday, the five products in that group beyond BlackRock and Fidelity had all moved to zero net flows.

BlackRock's iShares Bitcoin Trust ETF (IBIT) recorded net inflows of $117.4 million, while the Fidelity Wise Origin Bitcoin Fund (FBTC) took in $57.2 million. Those were the only positive entries in Farside's Sept. 4 row. The two funds are the largest US spot Bitcoin ETFs by assets under management, and the pair has repeatedly accounted for the bulk of the category's net flows since the products launched in January 2024, so a session in which inflows sit only with IBIT and FBTC is consistent with the group's usual concentration of demand in its two biggest products.

The other ten products each showed zero net flows: BITB, ARKB, BTCO, EZBC, BRRR, HODL, BTCW, MSBT, GBTC and $BTC. None recorded a net outflow. The smaller positive total therefore signals a slower pace of money entering the group rather than net withdrawals from it.

A zero net-flow reading does not mean a fund's shares went untraded. Fidelity explains that investors can buy and sell these products during stock-market hours, while authorized participants create and redeem fund shares. These are separate activities: shares can change hands between investors without that trade itself creating or redeeming fund shares. The flow table measures the net result at the fund level, not the volume of trading in a fund's shares. That distinction matters when reading single-day figures: thin holiday-adjacent sessions, when desks staff down ahead of a long weekend, commonly produce lighter creation and redemption activity in exchange-traded products generally.

Bitcoin ETF inflows await Tuesday's next session

Both Nasdaq and the NYSE list Monday, Sept. 7, as closed for Labor Day, making Tuesday, Sept. 8, the next scheduled regular session. Friday's figures will remain the latest completed US exchange-session reading through the holiday break.

The closure does not stop global Bitcoin trading. Fidelity's comparison of direct crypto and exchange-traded products distinguishes direct crypto trading, which may be available around the clock, from funds that trade during stock-market hours. The holiday calendar limits the exchange-traded route rather than shutting the underlying market. For readers tracking ETF-based demand for Bitcoin, the Labor Day gap is one of the recurring US market holidays — along with Thanksgiving and Christmas — that pause the flow tables, leaving crypto-native exchanges as the continuous venue in the interim.

Friday's figures do not identify the investors behind the flows or establish that a price move or payroll release caused the slowdown. The next completed session will show whether Bitcoin ETF inflows spread beyond IBIT and FBTC again; a single session cannot establish a lasting demand trend, and analysts of these products typically watch multi-week averages rather than one day's net reading for that reason.

Source: CryptoNews (originally via CryptoSlate)