Spot Bitcoin ETFs Pull In $101M as BTC Reclaims $77,700

US spot Bitcoin exchange-traded funds returned to net inflows on Sept. 2, drawing $101.1 million as Bitcoin rebounded from an intraday dip and moved back above $77,700. The shift marked a sharp reversal from Sept. 1, when the group posted $236.5 million in combined net outflows. While Wednesday's buying did not fully recoup the prior day's losses, the rebound points to steady institutional demand after the start-of-month selloff. BlackRock's IBIT led the day with $115.4 million in net inflows. Bitwise's BITB added $4.2 million, MSBT took in $7.3 million, and Grayscale's lower-fee BTC fund recorded $30.4 million of inflows. Offsetting part of the gains, $56.2 million exited Grayscale's flagship GBTC. Other tracked funds saw no net activity. Bitcoin traded around $77,759 early Thursday, up 0.25% over the past 24 hours. Trading was choppy: BTC slid toward the mid-$76,000s, reclaimed $77,000, then pushed toward $78,000. It peaked near $77,900 before easing back to roughly $77,759. The move suggests dip buyers stepped in, and the return to positive ETF flows added another signal of demand near current levels. Flows have been volatile into September: after $216.7 million of inflows on Aug. 31, funds swung to $236.5 million of outflows on Sept. 1, then rebounded with $101.1 million on Sept. 2. Attention now turns to whether ETF demand can remain positive and help Bitcoin build a firmer break above the $78,000 area. Sustained inflows could support another push higher, while renewed institutional selling could leave BTC exposed to another retest of recent lows.