Bitcoin ETFs Pull In $241 Million as Ether Funds Reverse Course

Bitcoin exchange-traded funds just logged another winning week, but this was not a broad, runaway wave of institutional buying.

Cointelegraph reported that U.S. spot Bitcoin ETFs drew about $241.1 million in net inflows during the week ended October 2. That extended the category’s positive streak to three weeks and lifted cumulative net inflows to roughly $57.8 billion.

Ether funds moved in the opposite direction, posting about $138 million in weekly net outflows after attracting roughly $690 million the week before.

The underlying figures came from SoSoValue and cover the September 28 through October 2 reporting week. Bitcoin traded near $86,200 when the report was published, up about 3.7% over seven days, while Ether was near $2,727 and up about 3%.

Smaller funds split as well. XRP and Solana ETFs extended their inflow streaks with about $4.7 million and $2.4 million respectively, while Zcash funds recorded their first weekly outflow at roughly $94 million.

The reversal is a useful reminder that crypto ETF demand is not one trade. Money can favor one asset, issuer or particular product while leaving the rest of the market behind.

Bitcoin stayed positive, but the pace cooled

The $241.1 million Bitcoin total followed much larger inflows of about $2.4 billion two weeks earlier and a modest $6.2 million in the intervening week. The streak survived, yet the size of the latest move was nowhere close to the late-September surge.

Bitcoin Magazine reported that BlackRock’s iShares Bitcoin Trust took in more than $450 million by itself. That means the category’s net result depended heavily on one fund while redemptions elsewhere offset part of BlackRock’s haul.

The week was positive on four of five trading days. Wednesday interrupted the run with nearly $149 million in net redemptions before buyers returned.

Fidelity and Morgan Stanley products also saw meaningful activity, but neither matched BlackRock’s contribution. Bitcoin was near $85,600 when the report was published and had gained close to 7% over the preceding 30 days.

That price strength arrived as investors entered October, a month with a historically strong reputation among Bitcoin traders. The weekly fund data support the bullish mood, though the issuer-level split makes the result less sweeping than the $241 million headline suggests.

Spot Bitcoin ETFs Recorded $241 Million in Net Inflows Last Week, Marking Three Consecutive Weeks of Net Inflows

From September 28 to October 2 (ET), U.S. spot Bitcoin ETFs recorded $241 million in net inflows, marking three consecutive weeks of net inflows. Spot Ethereum ETFs… pic.twitter.com/l49HXoQcwH

— Wu Blockchain (@WuBlockchain) October 5, 2026

BlackRock’s outsized contribution changes what the total says. The week showed continued demand for Bitcoin exposure without showing every major issuer pulling money in at the same time.

Ether’s reversal was sharp, not final

Ether ETFs moved from a strong positive week to $138 million in redemptions. Fidelity’s FETH accounted for roughly $74 million of those withdrawals, according to reporting that cited the fund-level data.

The swing looks dramatic because the previous week was so strong. It is still one weekly reading, not proof that institutions have made a lasting choice against Ether.

The ETF flows are better read as a snapshot of where regulated demand settled during a volatile week. They can influence available supply and market sentiment, but they do not operate alone.

Price, macro expectations, fund-specific allocations and short-term rebalancing all matter.

JUST IN: 🇺🇸 U.S. Spot Bitcoin ETFs took in $241.1 million last week, completing the third consecutive week of positive net inflows 🚀 pic.twitter.com/imYO76nqvd

— Bitcoin Magazine (@BitcoinMagazine) October 5, 2026

XRP and Solana kept quietly adding

The week’s smaller products added another layer to the story. Neither XRP’s nor Solana’s inflow rivals the Bitcoin category, but both extended their streaks while Ether turned negative.

Zcash funds moved the other way, posting their first weekly outflow at roughly $94 million. That divergence across assets shows why the combined crypto-fund headline can obscure more than it reveals.

Bitcoin remains the institutional center of gravity, and BlackRock remains the dominant magnet inside that trade. The question for the next few weeks is whether the wider group begins participating again—or whether a positive category total keeps resting on one giant fund.

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