In recent weeks, US spot Bitcoin exchange-traded funds (ETFs) have managed to recover billions, yet they still find themselves about $1 billion in the red for the year 2026. This figure reflects the difference between the amount investors have withdrawn and what they have reinvested since the start of January.
The troubles began in June 2026, which was particularly damaging; during that month alone, net withdrawals from US spot Bitcoin ETFs amounted to around $4.5 billion. May also presented significant challenges, with substantial outflows adding to the overall losses.
However, August brought a turnaround, with net inflows of $3.52 billion into spot Bitcoin ETFs, marking the best monthly performance of 2026 by a considerable margin.
This positive trend continued into September, where a streak of three weeks of inflows resulted in nearly $3.8 billion in new investments. The week leading up to September 5 was particularly strong, yielding $986.9 million in net inflows, which reduced the year-to-date deficit to roughly $1 billion.
A noteworthy high point occurred on September 3, when Bitcoin ETFs saw an impressive $730.9 million influx in just one day.
Since their launch on January 11, 2024, the total net inflows for U.S. spot Bitcoin ETFs have reached about $55.6 billion, resulting in total assets under management of approximately $101.3 billion.
Leading the pack is BlackRock’s iShares Bitcoin Trust (IBIT), which remains the largest single fund in the category. Fidelity’s Wise Origin Bitcoin Fund (FBTC) is also instrumental in facilitating this recovery, while competitors like ARK 21Shares and Bitwise are part of the dynamic marketplace. Conversely, older products such as Grayscale’s GBTC are still facing withdrawals.