On October 3, U.S. spot Bitcoin ETFs recorded massive inflows totaling $985 million, according to data from SoSoValue. The majority came from BlackRock’s IBIT, which alone attracted $791.5 million. Other funds also contributed, including FBTC with $69.6 million, ARKB with $35.5 million, HODL with $26 million, BITB with $24 million, Grayscale BTC with $20.1 million, and GBTC with $18.3 million. This surge highlights strong institutional demand, led primarily by BlackRock’s fund.
The heavy inflows pushed daily trading volume for Bitcoin ETFs above $7.5 billion, with the sector’s total net assets rising to $164.5 billion. The market response was immediate: Bitcoin prices climbed above $122,000, reaching as high as $123,000 on some exchanges, just 1.1% below its all-time high.
Ethereum ETFs also saw inflows, though more modest in comparison. They attracted $233.5 million on October 3, with BlackRock’s ETHA accounting for $206.7 million of that total. Other contributors included Grayscale ETH ($17.9 million), Fidelity’s FETH ($5.6 million), and VanEck’s ETHV ($3.3 million). Despite the positive flows, only four Ethereum ETFs ended the day in the green, signaling that demand was concentrated in a few products.
Overall trading volume for Ethereum ETFs exceeded $2.28 billion, while their combined net assets reached $30.6 billion. Ethereum’s price rose to around $4,500, supported by ETF flows and ongoing blockchain activity.