On September 12, Bitcoin 
$77,196 spot exchange-traded funds (ETFs) observed a substantial net inflow totaling $642 million. According to SoSoValue data, this move indicates that institutional investors continue to show interest in Bitcoin through regulated channels.
Bitcoin Spot ETFs: A Rising Trend
The largest inflow was seen with Fidelity’s FBTC fund, amounting to $315 million, pushing its total net inflow to $12.627 billion. Concurrently, BlackRock’s iShares Bitcoin Trust (IBIT) fund experienced a $265 million inflow on the same day, elevating its historical total to $59.778 billion. As a result of these significant contributions from the two major funds, the total net asset value of Bitcoin ETFs reached $153.178 billion. This figure represents 6.62% of Bitcoin’s total market value, underscoring the strengthening bridge between traditional finance and crypto assets.
When considering all Bitcoin spot ETF products, total net inflows have accumulated to $56.831 billion so far. This trend particularly highlights that US-based investors continue to take long-term positions in Bitcoin through regulatory-compliant instruments.
Last week, substantial institutional acquisitions directed at BlackRock’s ETF helped Bitcoin’s price test the $110,000 level once again. The growing interest in such funds indicates that Bitcoin is now embraced as a long-term asset not only by individual investors but also by large capital groups. Thanks to investment vehicles that adhere to regulations and offer transparency, Bitcoin could continue to institutionalize further and potentially ease market volatility.
Current State of Bitcoin
In the past 24 hours, Bitcoin’s price showcased relatively calm yet noticeable movements. According to Binance data, the BTC/USD pair traded approximately around $115,784, displaying a 0.39% increase during this period. Despite the low volatility, the rise in macro-level trading volumes along with the price fluctuation between a 24-hour low of ~$114,794 and a high of ~$116,769 reflect investors’ cautious stance.
Furthermore, data obtained from TradingView measured Bitcoin’s USD pair change at approximately -0.51%, which can be interpreted as a short-term slight bearish signal. The price range remained narrow, with no sudden jumps or sharp declines observed. Most investors remain focused on upward breakouts or support regions, particularly the $114,500 – $117,000 range, which stands out as critical thresholds.
