Bitcoin ETFs Lead Inflows as Ethereum Products Follow with Strong Demand

• Bitcoin ETFs saw $632M inflows, boosting total holdings to 1.33M BTC in early October.
• Ethereum ETFs gained $300M, led by BlackRock’s ETHA with 93K ETH inflows in one week.
• Combined ETF inflows topped $930M, underscoring strong institutional demand for crypto.

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Bitcoin ETFs experienced large inflows during the first week of October, underscoring their increasing role in regulated digital asset markets. According to Lookonchain, ten U.S. Bitcoin ETFs recorded a combined net inflow of 5,256 BTC, worth $632.13 million. At the same time, nine Ethereum ETFs attracted 67,038 ETH, totaling $300.33 million in new investments.

The data shows how Bitcoin ETFs, in particular, continue to dominate institutional interest. Analysts tracking the flows noted that the surge reflects an expanding reliance on ETF structures for crypto exposure.

Bitcoin ETFs Expand Institutional Holdings

BlackRock’s iShares Bitcoin Trust (IBIT) accounted for the largest inflows, with 3,859 BTC added in one day and 8,309 BTC across the week. The fund now holds 777,321 BTC, valued at over $93.49 billion.

Fidelity’s Wise Origin Bitcoin Fund (FBTC) followed with a weekly increase of 2,573 BTC, while ARK 21Shares Bitcoin ETF (ARKB) added 1,728 BTC. Other issuers, including Bitwise (BITB) and VanEck (HODL), also saw positive flows. Invesco’s Galaxy Bitcoin ETF (BTCO) diverged from the trend, recording a daily outflow of 86 BTC.

In total, U.S. Bitcoin ETFs now manage 1,330,346 BTC. Net inflows over the last seven days reached 14,889 BTC, reinforcing their position as central vehicles for institutional allocation into the asset.

Ethereum ETFs Post Robust Inflows

Ethereum-focused products displayed similar momentum. BlackRock’s iShares Ethereum Trust (ETHA) was the standout performer, drawing 61,326 ETH in one day and 93,541 ETH across the week, bringing its holdings to nearly 3.89 million ETH, worth $17.42 billion.

Grayscale’s Ethereum Trust (ETHE) added 750 ETH daily and 2,454 ETH across the week. Fidelity’s Ethereum Fund (FETH) and Franklin’s ETF (EZET) also posted steady inflows. In contrast, Invesco’s Galaxy Ethereum ETF (QETH) registered a modest daily outflow of 115 ETH.

Collectively, Ethereum ETFs now hold 6.99 million ETH, with weekly net inflows of 165,910 ETH, underscoring sustained demand for exposure to Ethereum.

ETF Flows Highlight Market Direction

Combined inflows into Bitcoin and Ethereum ETFs exceeded $930 million for the week. Market participants note that the continued momentum in Bitcoin ETFs reflects their role in setting the pace for institutional adoption of digital assets.

With Bitcoin ETFs consistently leading flows and Ethereum ETFs following closely, regulated products have emerged as a vital channel for liquidity. As of early October, the strong accumulation across issuers signals increasing participation from institutional investors through ETF structures.