black almanak open on-chain metrics ● data

US Spot ETF Net Flows

Daily money moving into and out of the US spot Bitcoin ETFs, all funds combined.

Latest daily observationClosed day
Net Flows
-$82,389,305
Cumulative Net Flows
$56,930,794,867
Net Flows (BTC)
-1,009.34 BTC
Bitcoin price
$81,538.30

Observation: UTC. Dataset updated: .
Updated daily, normally at 09:30 Europe/Madrid. Daily resolution.

Data cross-checked. Computed from the daily net flows of every US spot Bitcoin ETF published by TFTC, tftc.io/bitcoin-etf-flows (CC BY 4.0), which compiles the issuers' disclosures. ETF flows: IBIT, about 45% of all fund flows, matches iShares' own figures (NAV x change in shares outstanding) on 100% of 693 trading days; the quarter-end bitcoin holdings that IBIT, GBTC and ARKB report to the SEC move with the cumulative flows, net of fees, within 0.79% of holdings in each of 23 fund-quarters (median 0.04%); the fund-by-fund flows add up to the published daily total (95% of days within 0.30% of gross flows). Checked 2026-10-18. Data status

Recent daily values

The last seven closed UTC days. These values remain daily when you change the chart range.

US Spot ETF Net Flows — daily observations
Date (UTC)Net FlowsCumulative Net FlowsNet Flows (BTC)Bitcoin price
2026-10-16-$82,389,305$56,930,794,867-1,009.34 BTC$81,538.30
2026-10-15$5,055,093$57,013,184,17261.64 BTC$82,116.23
2026-10-14-$261,462,216$57,008,129,079-3,199.92 BTC$81,498.52
2026-10-13$175,617,407$57,269,591,2962,106.94 BTC$83,141.42
2026-10-12-$65,401,000$57,093,973,889-787.99 BTC$81,805.16
2026-10-11Not available$57,159,374,889Not available$83,636.61
2026-10-10Not available$57,159,374,889Not available$82,948.86

Formula

Net flow (day) = sum over every US spot Bitcoin ETF of (shares created − shares redeemed) × NAV per share. Cumulative net flows = running sum since 2024-01-11. Net flows in BTC = net flow ÷ BTC price at the US close.

How to read it

A spot Bitcoin ETF issues new shares when investors put money in and buys bitcoin with it; when investors cash out, shares are redeemed and the fund's bitcoin is sold or handed back. The net flow is the dollar value of shares created minus shares redeemed on a trading day, all US spot funds combined.

Green bars are days on which more money came in than went out; red bars, days with net outflows. The line in the upper panel adds every day since the launch on 11 January 2024, so it shows how much new money the funds have taken in overall.

Flows describe what fund investors did, after the fact. Large inflows have often come during rising markets, but a day's flow does not say where the price goes next, and the creations and redemptions are settled by authorised participants, sometimes a day later.

Limitations

  • The daily figures come from TFTC's open dataset (CC BY 4.0), which compiles the issuers' disclosures through SoSoValue and Farside Investors; they are not computed from the blockchain.
  • Each fund reports its own way and some revise later. The largest fund, IBIT, is checked every day against iShares' own figures, and the quarter-end bitcoin holdings of IBIT, GBTC and ARKB against their SEC filings; the smaller funds rest on the dataset alone.
  • GBTC existed as a closed-end trust before it became an ETF, so its outflows in 2024 include holders leaving positions built over years. The bitcoin Grayscale moved into its Mini Trust on 31 July 2024 was a spin-off, not a flow, and is not counted.
  • Only US-listed spot funds are included; futures ETFs, funds in other countries and multi-asset crypto index funds are not.

Historical examples

Selected mechanically: the lowest and highest closed-day Net Flows in the available history (2024-01-11 to 2026-10-16). These are observations, not forecasts or trading signals.

Lowest observed

2025-02-25

Net Flows: -$1,113,700,000.

Bitcoin price in the same daily row: $88,769.74. This is a descriptive reference point in this dataset; it does not establish a market top, bottom or future return.

Highest observed

2024-11-07

Net Flows: $1,373,800,000.

Bitcoin price in the same daily row: $75,972.30. This is a descriptive reference point in this dataset; it does not establish a market top, bottom or future return.

Download these closed daily observations (JSON)

Source: Computed by Black Almanak from the daily net flows of every US spot Bitcoin ETF published by TFTC, tftc.io/bitcoin-etf-flows (CC BY 4.0), which compiles the issuers' disclosures. Price source: Coin Metrics Community Data (CC BY-NC 4.0). Daily flows on US trading days since the funds launched on 2024-01-11. Methodology and sources.