21Shares’ Q3 analysis said U.S. spot funds tied to Bitcoin (BTC) had net inflows of 79,800 BTC in the third quarter, valued at about $6.2 billion using Sept. 30 data. The total summarizes the quarter’s aggregate fund flow.
The figure reflects the balance of fund shares created and redeemed. It does not provide a transaction record for individual investment managers or identify when, or in what amount, a particular manager traded.
The SEC says institutional investment managers required to file Form 13F must submit their third-quarter reports by Monday, Nov. 16, 2026. The reports cover certain holdings at quarter-end but leave out short positions, so they do not capture managers’ complete net exposure.


