Overview
- Spot Bitcoin and Ethereum ETFs took in a combined $1.06 billion on Sep. 29, with ETH products at $546.96 million and BTC funds at $521.95 million, according to SoSoValue.
- The snapback followed the prior week’s risk-off reversal, when U.S. BTC ETFs shed about $902.5 million and ETH ETFs lost roughly $795.6 million.
- Flows were dispersed across issuers on Monday: Fidelity’s FBTC led with $298.7 million, while ARKB, BITB, HODL and BTCO also gained, and BlackRock’s IBIT recorded $46.6 million of outflows; on ETH, Fidelity’s FETH drew $202.1 million and BlackRock’s ETHA $154.2 million.
- Recent redemptions were attributed to fading U.S. rate‑cut odds and tariff headlines, underscoring how macro signals steer ETF allocations.
- Despite the volatility, year‑to‑date flows remain positive at about $39.6 billion, while last week saw rotations into Solana ($291 million) and XRP ($93.1 million) products.