Key Highlights
- Spot Bitcoin ETFs in the US attracted $986.9M in the most recent week, pushing the three-week total to $3.8B
- BlackRock’s IBIT dominated Friday’s activity with $117.4M, representing roughly 67% of daily inflows
- Bitcoin’s price reached $79,716 during reporting hours, marking a ~2.6% increase across seven days
- The 50-day EMA is converging toward the 200-day EMA, with analysts forecasting a golden cross around September 11
- A Coin Bureau analyst identified the developing golden cross as a traditionally positive signal, while cautioning it’s a delayed indicator
Spot Bitcoin exchange-traded funds in the United States have recorded their strongest three-week performance of 2026, accumulating $3.8 billion in combined net inflows. The final week of this period, concluding Friday, September 5, contributed $986.9 million to that figure.
Aggregate net assets held by all US spot Bitcoin ETFs reached $101.3 billion on Friday, following a brief peak of $103.3 billion recorded Thursday. Total cumulative net inflows have now hit $55.6 billion.
BlackRock’s iShares Bitcoin Trust (IBIT) dominated Friday’s activity, capturing $117.4 million in fresh capital. Fidelity’s Wise Origin Bitcoin Fund (FBTC) was the sole other product reporting positive flows, recording $57.2 million.
Friday’s aggregate inflows totaled $174.6 million, representing a significant decline from Thursday’s $731 million figure.
Bitcoin momentarily slipped beneath the $79,000 threshold on Friday before climbing back to $79,716 by publication time. This represents approximately a 2.6% gain across the previous week.
Comparing Bitcoin, Ether, and XRP ETF Performance
Bitcoin ETF capital inflows increased approximately 7% on a week-to-week basis. Meanwhile, US spot Ether ETF inflows experienced a 74% decline to $218.4 million, and XRP ETF inflows plummeted 83% to $19 million.
Despite these weekly fluctuations, both Ether and XRP ETFs maintain positive year-to-date positions. Ether ETFs have accumulated approximately $863 million in net inflows this year, while XRP ETFs have garnered roughly $515 million.
Bitcoin ETFs, however, remain approximately $1 billion in the red for year-to-date net flows, notwithstanding the recent positive momentum.
Technical Analysis: Golden Cross Formation
Simultaneously, Bitcoin’s price chart is developing a significant technical pattern.
As of September 1, Bitcoin’s 50-day exponential moving average registered at $70,030, while the 200-day measurement stood at $72,323. The spread between these indicators measures approximately 3.2%.
Analysts are projecting the crossover event ā commonly referred to as a golden cross ā to materialize around September 11, assuming price levels remain stable near current ranges.
Cryptocurrency analysis platform Coin Bureau announced on X that Bitcoin is “about to flash a golden cross for the first time since November 2025.” The platform emphasized that the previous three completed golden cross events preceded price increases of 50%, 45%, and 60% respectively. Nevertheless, they cautioned that this is a delayed signal that has “sometimes reversed within weeks.”
Historical data shows that across 12 golden cross occurrences since 2012, Bitcoin posted an average three-month gain of 24.9%, though individual outcomes demonstrated considerable variation.
Analysis from CryptoQuant indicated that the late-August price rally was primarily fueled by short position liquidations in derivatives markets rather than new spot market purchases.
On September 3, Bitcoin was changing hands around $77,000, already positioned above both moving average lines.
Get 3 Free Stock Ebooks
Discover top-performing stocks in AI, Crypto, and Technology with expert analysis.
- Top 10 AI Stocks - Leading AI companies
- Top 10 Crypto Stocks - Blockchain leaders
- Top 10 Tech Stocks - Tech giants
