Spot Bitcoin ETFs draw $241 million in weekly inflows as spot Ether funds see $138 million outflows
AI Market Summary
Spot Bitcoin ETFs recorded a third straight weekly net inflow (+$241m), led by BlackRock's IBIT, lifting all-time net inflows to $57.8bn and signaling renewed institutional risk appetite. In contrast, spot Ether ETFs saw $138m of outflows, reinforcing near-term relative preference for BTC over ETH. Softer U.S. jobs data also reduced perceived Fed tightening risk, supporting crypto beta alongside ETF demand.
Impact level
● Medium
Affected assets
BTC/USDT-1.28%
AI Insight · BTC/USDTAI Insight
▲ Bullish
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Spot Bitcoin ETFs recorded net inflows of $241 million last week, extending a run of three consecutive weeks of net additions and lifting all-time cumulative net inflows to $57.8 billion. Net inflows on Oct 2 totaled $189 million, led primarily by BlackRock’s iShares Bitcoin Trust. Over the same period, spot Ether ETFs posted net outflows of $138 million, bringing year-to-date net inflows down to $1.5 billion. The flow data points to a stronger short-term preference for BTC than for ETH.
