Wall Street Channels Nearly $900M Into Bitcoin and Ethereum Spot ETFs

US-listed spot Bitcoin and Ethereum ETFs pulled in close to $900 million as both tokens cleared key technical levels, signaling a renewed burst of institutional demand. CryptoSlate data showed Bitcoin rising above $81,000 and Ethereum moving past $2,500 as fresh capital returned to spot products. Bitcoin ETFs took in $730.8 million, their third-largest daily inflow of 2026, while Ethereum ETFs added $141.4 million. Bitcoin inflows were led by BlackRock's IBIT, which captured about $454 million, roughly 62% of the day's total for the group. ARK 21Shares' ARKB brought in $137.7 million and Fidelity's FBTC drew $74.4 million. On the Ethereum side, demand was similarly concentrated, with BlackRock's ETHA and Fidelity's FETH accounting for a combined $137.2 million, nearly all of the category's net inflow. Simon-Peter Massabni, head of business development at XS.com, told CryptoSlate that inflows of this magnitude absorbed sizable sell orders and helped lift spot prices despite rising sovereign bond yields in the US and Japan. Massabni said the stronger spot bid quickly fed into leveraged markets as Bitcoin pushed higher. He cited Bitcoin futures open interest climbing above $57 billion, the highest since May, and more than $260 million in short positions liquidated during the move, the largest short squeeze since Aug. 21. Forced buybacks from short sellers added momentum, while leaving leverage elevated and increasing the risk that a sudden reversal could spark another wave of forced selling. Recent flow data underscore how quickly institutional positioning can shift. Bitcoin ETFs swung from a $236.5 million outflow on Sept. 1 to a $101.1 million inflow the next day, before Thursday's $730.8 million surge. Ethereum funds saw a $48.2 million outflow on Sept. 2 that snapped a 12-session inflow streak, then flipped back to strong inflows. Sept. 3 stands out as the clearest sign yet that new money is participating in the rally, though it does not confirm a sustained accumulation phase. If inflows persist, BTC and ETH would gain a deeper pool of spot demand as leverage rebuilds. Another reversal would make the latest spike look more like a sharp swing in an increasingly volatile market. The post "Wall Street just poured nearly $900 million into Bitcoin and Ethereum ETFs" appeared first on CryptoSlate.