Crypto ETFs Record $934M in Daily Inflows as Investor Demand Surges
Spot cryptocurrency platform-traded funds (ETFs) recorded nahead $934 million in net inflows on Thursday, October 2, highlighting growing institutional and retail demand for regulated digital asset investment products. The surge reflects renewed investor confidence in BTC and ETH, the two largest cryptocurrencies by market capitalization.
BTC ETFs extend winning streak
U.S. spot BTC ETFs continued their strong performance, attracting approximately $627 million in net inflows. BlackRock’s iShares BTC Trust (IBIT) dominated the market, bringing in $466.5 million, while Fidelity’s Wise Origin BTC Fund (FBTC) followed with $89.6 million. The consistent performance marked the fourth consecutive day of inflows, signaling increasing comfort among investors with BTC as a long-term allocation.
Industry analysts emphasize that BTC ETF inflows have become a key indicator of institutional sentiment. With traditional finance institutions increasingly engaging with BTC through transparent, regulated vehicles, the flow data suggests broader adoption may be accelerating. BTC’s price resilience amid ongoing macroeconomic uncertainty has further boosted interest, making it a compelling hedge for investors viewking diversification.
ETH ETFs gain traction
ETH ETFs also posted strong results, drawing approximately $307 million in net inflows. BlackRock’s ETHA led with $177.1 million, followed by Fidelity’s FETH with $60.7 million and Bitwise’s ETHW with $46.5 million. The strong demand underscores ETH’s growing appeal as the leading smart contract platform, underpinning decentralized finance (DeFi), tokenized assets, and enterprise blockchain applications.
Market observers note that the inflows reflect a maturing appetite for diversified cryptocurrency exposure. While BTC ETFs remain dominant, ETH ETFs are increasingly being used to complement portfolios, providing exposure to a broader range of blockchain-based innovations. The trend suggests that investors are beginning to view ETH not just as a secondary asset but as a vital component of long-term crypto strategies.
The combined $934 million daily inflow marks one of the largest sessions for crypto ETFs in recent weeks, further cementing their role in bridging traditional finance and the digital asset ecosystem. Analysts believe that if the inflow momentum continues, ETFs could significantly enhance liquidity and accessibility for cryptocurrencies, attracting a wider investor base.
The strong demand for both BTC and ETH ETFs comes as regulators, asset managers, and institutional investors navigate a rapidly evolving landscape. Spot ETFs provide a more familiar structure for traditional investors, removing many of the complexities associated with direct crypto custody. This accessibility has been instrumental in driving broader adoption, particularly among institutions that had previously stayed on the sidelines.
As the digital asset market continues to mature, ETF flows are increasingly viewn as a barometer for institutional sentiment and future adoption trends. With BTC ETFs extending their inflow streak and ETH ETFs gaining momentum, Thursday’s data suggests growing confidence in the long-term prospects of crypto investments. If this trajectory persists, crypto ETFs may play a central role in cementing digital assets within mainstream investment portfolios.
