U.S. spot Bitcoin ETFs recorded about $102.7 million in net inflows on October 1 (U.S. Eastern Time), reversing the roughly $149 million net outflows logged on September 30 and turning positive again for the first trading day of October. BlackRock’s IBIT saw about $195.6 million in single-day net inflows, partially offsetting the selling pressure from outflows in products such as Fidelity’s FBTC (around $60.7 million).
On the same trading day, U.S. spot Ethereum ETFs recorded net outflows of about $55.4 million, marking the third consecutive trading day of capital withdrawals. Institutional flows showed a clear divergence between products $BTC and $ETH . Monitoring sources such as Farside indicate that Bitcoin is back to net subscriptions, while Ethereum remains in the redemption range.
Historically, October brings the “Uptober” narrative. This opening, however, looks more like structural divergence rather than a broad, synchronized increase in positions. Going forward, it remains to be seen whether capital flows in both segments can turn positive at the same time; a single day’s net inflow should not be interpreted as trend confirmation.
#BTC #ETH #ETF does not constitute investment advice
On the same trading day, U.S. spot Ethereum ETFs recorded net outflows of about $55.4 million, marking the third consecutive trading day of capital withdrawals. Institutional flows showed a clear divergence between products $BTC and $ETH . Monitoring sources such as Farside indicate that Bitcoin is back to net subscriptions, while Ethereum remains in the redemption range.
Historically, October brings the “Uptober” narrative. This opening, however, looks more like structural divergence rather than a broad, synchronized increase in positions. Going forward, it remains to be seen whether capital flows in both segments can turn positive at the same time; a single day’s net inflow should not be interpreted as trend confirmation.
#BTC #ETH #ETF does not constitute investment advice
