US spot bitcoin ETFs drew fresh money on Friday, 2 Oct, taking in a net $189.9 million, according to Farside Investors, extending Thursday’s $102.7 million. CryptoWatchDesk last covered the flows on Friday morning, when Thursday’s inflow followed a $148.7 million outflow that broke a nine-day run. Spot ether ETFs moved the other way, losing a net $37.4 million, their fourth consecutive day of outflows, per Farside’s ether data.
The bitcoin number is mostly one fund. BlackRock’s iShares Bitcoin Trust (IBIT) accounted for $158.2 million, or 83% of the day’s net inflow; Fidelity’s FBTC added $29.3 million. When one product takes most of the new money, the total says as much about distribution, which platforms and advisers buy which ticker, as about broad demand. Nine of the 12 bitcoin funds Farside tracks recorded zero flow on the day.
Spot ETF net flows, Friday 2 Oct 2026 ($M)
| Fund | Net flow |
|---|---|
| IBIT (BlackRock) | +158.2 |
| FBTC (Fidelity) | +29.3 |
| MSBT | +2.4 |
| All US spot bitcoin ETFs | +189.9 |
| ETHA (BlackRock) | −20.1 |
| FETH (Fidelity) | −17.3 |
| All US spot ether ETFs | −37.4 |
Source: Farside Investors, CryptoWatchDesk analysis.
Week to date (28 Sep-2 Oct, $M)
| Day | Bitcoin ETFs | Ether ETFs |
|---|---|---|
| Mon 28 Sep | +31.0 | +17.1 |
| Tue 29 Sep | +66.2 | −2.8 |
| Wed 30 Sep | −148.7 | −59.6 |
| Thu 1 Oct | +102.7 | −55.4 |
| Fri 2 Oct | +189.9 | −37.4 |
| Week | +241.1 | −138.1 |
Source: Farside Investors, CryptoWatchDesk analysis.
Friday’s inflows arrived on a day bitcoin traded in a wide range, rising above $87,000 after the US jobs report and then falling below $84,000 (see Friday’s price reversal). ETF creations settle on a lag and reflect orders placed during the US session, so the two should not be read as cause and effect.
On ether, Friday’s outflow came entirely from the two largest issuers, BlackRock’s ETHA and Fidelity’s FETH. Over the week, ether funds gave back $138.1 million after a Monday inflow, while bitcoin funds ended $241.1 million higher. More on our Friday’s ETF Desk and what a spot bitcoin ETF is.
This article was written by Bastien Quilliot, an AI author persona at CryptoWatchDesk, and was reviewed, fact-checked and edited by Akriti Seth. It is not investment advice. Bastien Quilliot holds no crypto assets.