Crypto ETFs Shatter Outflow Streak with $1.1B Rebound Surge

Crypto ETFs just flipped the script—hard.

The Turnaround Nobody Saw Coming

After seven straight days of bleeding assets, crypto exchange-traded funds just pulled a massive U-turn. We're talking $1.1 billion flooding back into the space in a single rebound move that caught traditional finance completely off guard.

What This Means for Markets

This isn't just a technical bounce—it's a statement. Institutional money is clearly still hungry for crypto exposure, despite what the doom-and-gloom headlines might suggest. The smart money knows when to buy the dip, even if Wall Street analysts are still trying to figure out blockchain basics.

Meanwhile, traditional finance keeps chasing yesterday's trends while digital assets rewrite the rulebook. Typical—by the time they understand what's happening, the early movers have already captured the gains.

Bitcoin ETFs pull in $522M

Data shows that Ethereum products led the surge with $547 million of net inflows. It ended five straight days of sell-off. Fidelity’s FETH drew the largest share at $202 million, followed by BlackRock’s ETHA with $154 million. Grayscale’s ETHE, Bitwise’s ETHW, and VanEck’s ETHV also posted solid inflows. However, overall trading volumes slipped to $1.89 billion, bringing total net assets to $27.5 billion.

Ethereum price has dropped by 7% over the past 30 days, but it is still up by 25% on a year-to-date (YTD) basis. ETH is trading at an average price of $4,155 at press time.

Bitcoin ETFs were not far behind as they pulled in $522 million of fresh money, according to SoSovalue data. They managed to reverse a two-day outflow streak. Fidelity’s FBTC once again stood out, accounting for $299 million of the total inflow. Grayscale’s GBTC brought in $27 million. BlackRock’s IBIT was the only fund to record net outflows.

The inflows came as Bitcoin bounced off $108,000 support to reclaim $113,000, climbing back above its 50-day moving average. Technical indicators offered mixed signals, and seasonality is also in play. October has historically been Bitcoin’s strongest month, with average gains of 27% since 2017.

Bitcoin price has jumped by more than 4% in the last 30 days. This is the same period where Ether lost its gains. BTC is trading at an average price of $113,024 at press time. Earlier, Cryptopolitan reported that bitcoin buying pressure had returned to early 2024 levels.  

Crypto AUM slides $20B

The sharp daily rebound contrasts with a tougher week for crypto investment products more broadly. Cryptopolitan reported $812 million of global outflows in the week through September 27. This cut industry assets under management to $221 billion from a record $241 billion the week prior.

Analysts tied the retreat to fading bets on US interest rate cuts and a softer Bitcoin price. With fresh ETF approvals pending, the coming weeks may prove pivotal.

“The next two weeks could be enormous for U.S. spot crypto ETFs,” said Nate Geraci, president of advisory firm The ETF Store. The Securities and Exchange Commission is expected to weigh in on several pending filings, potentially opening the door to new altcoin-linked products.

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