U.S. crypto ETFs attracted about $1.24 billion in net inflows during the week, ending Sept. 4, led overwhelmingly by bitcoin funds with $987M.

U.S. bitcoin ETFs closed Friday with $174.60 million in net inflows, even as the bitcoin price slipped back below $80,000.

US spot Bitcoin ETFs recorded $986.9M in weekly inflows, pushing a three-week streak to $3.8B while Ether and XRP ETFs saw sharp declines.