U.S. spot Bitcoin ETFs recorded $66.19M in net inflows on Sept. 29, led by BlackRock's IBIT, while spot Ether ETFs posted a modest $2.81M outflow.
Macro & Markets ·
U.S. spot Bitcoin ETFs received $66.19 million in net inflows on September 29, with BlackRock's IBIT leading the activity, while spot Ether ETFs experienced a modest $2.81 million outflow during the same period. The inflow pattern into Bitcoin investment products reflects sustained institutional participation in cryptocurrency exposure vehicles.
The divergence between Bitcoin and Ether fund flows highlights shifting allocation preferences within the crypto ETF space, though both asset classes maintain active trading across their respective product suites. What remains unclear is whether this concentration of Bitcoin inflows represents a sustained trend or a single-day snapshot, and whether the modest Ether outflows signal broader portfolio rebalancing or temporary profit-taking.