U.S. spot Bitcoin ETFs log $102.7 million net inflow; spot Ethereum ETFs post $55.4 million net outflow on Oct. 2
AI Market Summary
U.S. spot Bitcoin ETFs logged a $102.7m net inflow, driven by strong demand for BlackRock's IBIT (+$195.6m) despite redemptions in GBTC (-$31.4m) and FBTC (-$60.7m). In contrast, U.S. spot Ethereum ETFs saw a $55.4m net outflow, led by ETHE (-$20.4m) and FETH (-$23.5m). The divergence highlights near-term relative preference for BTC exposure versus ETH.
Impact level
● Medium
Affected assets
BTC/USDT+1.89%
AI Insight · BTC/USDTAI Insight
● Neutral
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According to Farside data cited by Huo Xing Finance, U.S. spot Bitcoin ETFs recorded a total net inflow of $102.7 million on Oct. 2. BlackRock's IBIT led with $195.6 million of net inflows. Offsetting moves included net outflows from Fidelity's FBTC of $60.7 million, Bitwise's BITB of $6.9 million, Ark Invest/21Shares' ARKB of $7.7 million, Invesco's BTCO of $4.2 million, VanEck's HODL of $3.6 million, and Grayscale's GBTC of $31.4 million. Morgan Stanley's MSBT posted a $7 million net inflow, while Grayscale Bitcoin Mini Trust (BTC) added $14.6 million. Franklin Templeton's EZBC, CoinShares' BRRR, and WisdomTree's BTCW were flat.
U.S. spot Ethereum ETFs saw total net outflows of $55.4 million on the same day. Fidelity's FETH reported $23.5 million of net outflows, VanEck's ETHV $6.9 million, Franklin Templeton's EZET $6.1 million, and Grayscale's ETHE $20.4 million. The 21Shares Core Ethereum ETF recorded a $1.5 million net inflow, while Bitwise's ETHW showed no net flow. BlackRock's ETHA and ETHB, 21Shares' TETH, Invesco's QETH, and Morgan Stanley's MSSE were unchanged.
