Bitcoin and ether exchange-traded funds (ETFs) extended their recovery, bringing in $430 million and $127 million, respectively. Blackrock’s IBIT led bitcoin inflows, while Blackrock’s ETHA carried ether to another positive day.
Bitcoin and Ether ETFs Extend Recovery With $557 Million in Inflows
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Institutional Demand Holds Strong as Bitcoin and Ether ETFs See Back-to-Back Gains
Momentum is building in crypto ETFs. After Monday’s billion-dollar rebound, both bitcoin and ether funds continued their climb on Tuesday, Sept. 30, locking in another wave of institutional inflows. The buying spree suggests confidence is firming after last week’s turbulence.
Bitcoin ETFs drew $429.96 million in fresh capital, with inflows spread across four major funds. Blackrock’s IBIT led the pack, pulling in $199.43 million, while Ark 21shares’ ARKB followed with $105.74 million. Bitwise’s BITB contributed $70.09 million, and Fidelity’s FBTC rounded out the surge with $54.70 million.
Importantly, no outflows were recorded across any bitcoin ETF, a strong signal of broad-based support. Trading activity was healthy at $3.26 billion, with net assets holding steady at $150.77 billion.
Ether ETFs kept pace with another green session, though inflows were concentrated in a single fund. Blackrock’s ETHA delivered the entirety of the day’s $127.47 million inflow, extending the asset class’s recovery streak. Total trading volume stood at $1.46 billion, with ether ETF net assets steady at $27.40 billion.
With two straight days of strong inflows across both bitcoin and ether, the market appears to be stabilizing after a sharp bout of outflows the previous week. If the trend holds, October could begin on a decisively strong note for institutional crypto products.
