US spot Bitcoin ETFs attracted $731 million on September 3, their largest daily inflow since January 14, as Bitcoin rebounded and macro risk signals improved. SoSoValue data showed cumulative net inflows reached $55.44 billion.
The move came as US steps to ease tensions with Iran reduced global risk concerns, according to Coin Turk. Meanwhile, Fed Governor Waller supported holding interest rates steady in September, Techtimes reported. Can stronger ETF demand, easing geopolitical risk, and firm technical support keep Bitcoin above its immediate support zone?
BlackRock’s IBIT led Thursday’s inflows with $454 million, accounting for more than 60% of the group total. Its cumulative net inflows reached $63.94 billion after the latest session. ARK Invest and 21Shares’ ARKB followed with $138 million, while Fidelity’s FBTC received about $74 million. Grayscale’s two Bitcoin products added a combined $57 million.
By contrast, VanEck’s HODL lost nearly $20 million, while WisdomTree’s BTCW recorded about $5 million in withdrawals. Combined net assets across the funds rose to $103.34 billion.
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Bitcoin held above the four-hour MA-20 and MA-50, while also staying above the daily MA-200. The Ichimoku Kijun line at $79,282 provided immediate technical support.
At the same time, MACD, ADX, and the Awesome Oscillator remained positive. However, RSI reached 68.63, while Stoch RSI, CCI, and Bull/Bear Power moved into overbought territory.
Traders Union analyst Viktoras Karapetjanc linked improved sentiment to easing US-Iran tensions and steady rate expectations. He said buyers could remain active as technical momentum and macro conditions stayed constructive. For the next two to three sessions, the expected trading range stood between $76,807 and $83,685. The outlook assigned a 75% probability to further upside and 25% to downside risk.
Thursday’s result also exceeded every daily inflow recorded during the 11-session positive run in late August by more than three times. The funds had earlier collected $1.92 billion over five sessions ending Aug. 21.
QCP Capital also linked Bitcoin’s move from about $63,500 to above $80,000 with spot demand. During part of that rally, ETFs drew $2.8 billion across eight sessions as futures open interest fell. Technical indicators remained positive, although overbought readings signaled possible near-term volatility around the $79,282 support area.