Key Takeaways
Spot Bitcoin ETFs recorded $642M in inflows Friday, extending their winning streak to five days.
Spot Ether ETFs attracted $405M, their fourth consecutive day of gains.
Fidelity and BlackRock funds led both Bitcoin and Ether inflows, with cumulative assets now exceeding $180B combined.
Analysts say flows reflect renewed institutional confidence and stronger liquidity outlook.
Bitcoin ETF Inflows Cross $56.8B
Spot Bitcoin ETFs recorded $642.35 million in net inflows on Friday, marking their fifth straight day of gains, according to SoSoValue.
Cumulative net inflows: $56.83 billion
Total net assets: $153.18 billion (≈ 6.62% of Bitcoin’s market cap)
Trading volumes: $3.89 billion across all spot Bitcoin ETFs

Fidelity’s FBTC topped the leaderboard with $315.18M in new inflows, while BlackRock’s IBIT followed with $264.71M. Both funds recorded daily gains above 2%, reflecting strong positioning from institutional investors.
In total, Bitcoin spot ETFs have now seen $2.34 billion in net inflows over the past five sessions, reversing the slower start to September.
Ether ETFs See $405M Inflows
Ether ETFs mirrored Bitcoin’s momentum, securing $405.55 million in net inflows on Friday, their fourth consecutive positive session.
Cumulative net inflows: $13.36 billion
Total net assets: $30.35 billion
Trading volumes: Led by BlackRock’s ETHA with $1.86 billion
BlackRock’s ETHA drew $165.56M, while Fidelity’s FETH added $168.23M. Analysts noted that the strong trading volumes in Ether ETFs signal growing confidence in Ethereum’s institutional adoption.
Institutional Sentiment Turns Risk-On
“Bitcoin and Ethereum spot ETFs keep seeing strong inflows, showing rising institutional confidence,” said Vincent Liu, CIO of Kronos Research.
“If macro conditions hold, this surge could strengthen liquidity and drive momentum for both assets,” he added.
The inflows highlight a broader risk-on tilt in crypto markets, with both BTC and ETH extending gains on macro-driven optimism about Federal Reserve policy.
BlackRock Eyes Tokenization of ETFs
Amid the surge in ETF demand, BlackRock is reportedly exploring tokenization of ETFs on blockchain networks, particularly for funds tied to real-world assets (RWA).
Tokenized ETFs could offer investors 24/7 trading, seamless settlement, and DeFi integration, but regulatory hurdles remain a key challenge.