Bitcoin ETF inflows fall 76% entering Labor Day break as only BlackRock and Fidelity attract fresh money

Here is the latest from the digital-asset markets: US spot Bitcoin exchange-traded funds recorded net inflows of $174. 6 million on Friday, Sept. Only funds from BlackRock and Fidelity attracted positive net flows, according to Farside Investors' daily table, leaving the final US exchange session before Labor Day's closure dependent on two products for its net inflow.

1% below Thursday's net inflow of $730. Positive flows narrowed from seven of the 12 tracked funds to two. The slowdown followed the Bitcoin and Ethereum ETF surge in the preceding session, with Friday's Bitcoin result smaller and less broadly shared across funds.

Market Dynamics

Thursday's seven positive funds were IBIT, FBTC, BITB, ARKB, MSBT, GBTC and BTC. By Friday, the five products beyond BlackRock and Fidelity in that group had all moved to zero net flows. Related Reading Wall Street just poured nearly $900 million into Bitcoin and Ethereum ETFs BlackRock's iShares Bitcoin Trust ETF, or IBIT, recorded net inflows of $117.

The Fidelity Wise Origin Bitcoin Fund, or FBTC, recorded net inflows of $57. Those were the only positive entries in Farside's Sept. 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.

Market Impact

Fidelity explains that investors can buy and sell these products during stock-market hours, while authorized participants create and redeem fund shares. Those 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 fund level, rather than the volume of trading in its shares.

Related Reading BlackRock just pulled in 115% of all Bitcoin ETF inflows in a single day as rival funds bleed cash 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 that may be available around the clock from funds that trade during stock-market hours.

Crypto markets are watching this development closely as investors weigh its potential impact on prices.