US spot Bitcoin ETFs attracted $102.7 million in net inflows on Thursday, October 1st, marking a positive start to the month. This follows a strong third quarter for Bitcoin ETFs, which recorded $6.34 billion in net inflows, including $2.65 billion in September. Bitcoin itself rose 42.71% over the third quarter.
In contrast, US spot Ether ETFs experienced net outflows of $55.4 million on October 1st. This marks the third consecutive trading day of outflows for Ether ETFs, with cumulative losses reaching approximately $118 million.
The broader cryptocurrency ETF market showed mixed performance. Solana ETFs posted around $6 million in net outflows on Thursday, extending an outflow streak to two sessions, while XRP ETFs attracted $4 million in net inflows.
At the time of publication, Bitcoin was trading around $85,900, up 2.1% over the past 24 hours, according to CoinGecko. The Crypto Fear & Greed Index slipped to 72 from 74, remaining in “Greed” territory.
US spot Bitcoin ETFs now hold combined net assets of $109.3 billion, with cumulative net inflows reaching $57.6 billion. The year ‘2026’ mentioned in relation to a strong quarter for Bitcoin ETFs appears to be a typo. Interpreting short-term ETF flow data requires caution, as it represents only one aspect of market activity and sentiment.
Why This Matters
The net inflows for Bitcoin ETFs on October 1st, following a strong third quarter, indicate continued investor interest. However, this is juxtaposed with sustained outflows from Ether ETFs, highlighting divergent investor sentiment between these two major cryptocurrencies. The broader mixed performance across other crypto ETFs suggests a nuanced market environment rather than a uniform trend.
Broader Context
Bitcoin ETFs returned to inflows with $102.7 million on October 1st, while Ether funds recorded a third straight day of net outflows. This data, sourced from SoSoValue and CoinGecko, provides a snapshot of recent investor activity in the cryptocurrency ETF market.
