ETF spot US: Farside Investors (tables 03/10/2026) shows a split of flows over the week 28 Sep.–2 Oct: $BTC net ~+82.9 M$ while $ETH net ~−118 M$.
FACTS
• US Bitcoin ETFs (Farside, US$m): 28/09 +31.0 · 29/09 +66.2 · 30/09 −148.7 · 01/10 +102.7 · 02/10 +31.7 → week ~+82.9 M$. Previous week (21–25/09) ~+2.39 B$.
• US Ethereum ETFs: 28/09 +17.1 · 29/09 −2.8 · 30/09 −59.6 · 01/10 −55.4 · 02/10 −17.3 → week ~−118 M$. Previous week ~+689.8 M$.
• Caveat 02/10: IBIT / ETHA / ETHB show “-” on Farside → provisional weekly totals.
• Optional context: $ETH had made ~+70.6% in Q3 (TokenPost). Spot ~14:50 UTC 03/10: $BTC ~84,838 $ · $ETH ~2,684 $ (Kraken).
INTERPRETATION
This isn’t a simple “green IBIT day.” Over five sessions, ETF institutional capital remains selective: a slight positive streak on Bitcoin, a red run on Ether after a very strong Q3. Dominant read = rotation/split of flows, not a synchronized return of the alt-ETF bid.
SCENARIOS
• Base case: next BTC ETF sessions ≥ 0 and ETH still net negative or near zero.
• Extension: ETH turns ≥ 2 consecutive green days while BTC holds green → end of the split.
• Risk: a new BTC outflow > ~100 M$ (30/09 style) while ETH stays red → global ETF risk-off.
Question: do you see a real durable rotation toward $BTC ETF, or just a post-Q3 digest on $ETH before the Ether bid returns?
$BTC $ETH
#Bitcoin #Ethereum #ETF
FACTS
• US Bitcoin ETFs (Farside, US$m): 28/09 +31.0 · 29/09 +66.2 · 30/09 −148.7 · 01/10 +102.7 · 02/10 +31.7 → week ~+82.9 M$. Previous week (21–25/09) ~+2.39 B$.
• US Ethereum ETFs: 28/09 +17.1 · 29/09 −2.8 · 30/09 −59.6 · 01/10 −55.4 · 02/10 −17.3 → week ~−118 M$. Previous week ~+689.8 M$.
• Caveat 02/10: IBIT / ETHA / ETHB show “-” on Farside → provisional weekly totals.
• Optional context: $ETH had made ~+70.6% in Q3 (TokenPost). Spot ~14:50 UTC 03/10: $BTC ~84,838 $ · $ETH ~2,684 $ (Kraken).
INTERPRETATION
This isn’t a simple “green IBIT day.” Over five sessions, ETF institutional capital remains selective: a slight positive streak on Bitcoin, a red run on Ether after a very strong Q3. Dominant read = rotation/split of flows, not a synchronized return of the alt-ETF bid.
SCENARIOS
• Base case: next BTC ETF sessions ≥ 0 and ETH still net negative or near zero.
• Extension: ETH turns ≥ 2 consecutive green days while BTC holds green → end of the split.
• Risk: a new BTC outflow > ~100 M$ (30/09 style) while ETH stays red → global ETF risk-off.
Question: do you see a real durable rotation toward $BTC ETF, or just a post-Q3 digest on $ETH before the Ether bid returns?
$BTC $ETH
#Bitcoin #Ethereum #ETF
