US spot Bitcoin exchange-traded funds recorded more than $1.7 billion in net inflows over two days as Bitcoin traded above the estimated cost basis of the average ETF investor.
The funds had $715 million in net inflows on Tuesday, following $999 million on Monday, according to SoSoValue data. BlackRock's iShares Bitcoin Trust (IBIT) led Tuesday inflows with $350 million, followed by Fidelity's Wise Origin Bitcoin Fund (FBTC) with $257 million and Grayscale Bitcoin Mini Trust with $99 million, according to Farside Investors data.
Total net assets across US spot Bitcoin ETFs reached approximately $111 billion on Tuesday, up 56% from their 2026 low of roughly $71 billion on June 30. The total remains about 13% below the 2026 high of $128 billion recorded on January 14.
According to Bloomberg Intelligence ETF analyst James Seyffart, the average Bitcoin ETF holder moved back above water for the first time since January as Bitcoin moved above his estimated ETF cost basis of $81,722 per coin.
Bitcoin traded around $86,000 on Tuesday and briefly surged above $87,000 on Wednesday, according to CoinGecko. At the time of publication, BTC was at $86,467, up 1.2% over 24 hours and 13.8% over seven days.
