Crypto ETF News Today: BTC, SOL Inflow, ETH, XRP Bleed On US Jobs Data Red candles are lighting up every screen today. Bitcoin, Ethereum, XRP and Solana are all trading lower, and the Crypto
Red candles are lighting up every screen today. Bitcoin, Ethereum, XRP and Solana are all trading lower, and the Crypto ETF News Today tells a split story about who is buying this dip and who is stepping back. A weak US jobs report added extra pressure, and the next Fed meeting now sits at the center of attention.
Key Takeaways
Global crypto market value today sits at $2.98 trillion, a 1.5% drop in the last 24 hours, with $105 billion changing hands across exchanges. Bitcoin dominance holds at 57.1%, and Ethereum dominance is at 11%, per Coingecko data. That backdrop sets up what the Crypto ETF News Today looked like across the four big spot funds.
Spot ETF Daily Net Flow (Oct 2) Cumulative Net Inflow Total Net Assets Bitcoin ETF +$31.69M $57.63B $109.16B Ethereum ETF -$17.25M $13.82B $17.62B XRP ETF -$3.28M $1.79B $1.66B Solana ETF +$1.30M $1.61B $1.90BAs per SoSoValue data, spot Bitcoin ETFs took in $31.69 million in daily net inflow on October 2, with total value traded at $3.03 billion. Cumulative net inflow stands at $57.63 billion, and total net assets are $109.16 billion, 2.42% of Bitcoin's value. Fidelity led the buying with $29.28 million, and Morgan Stanley added $2.41 million.
Source: SoSoValue Data
(Note: BlackRock's figures had not updated at the time of writing, so the daily number could still shift.)
Separately, Bitcoin treasuries data shows Strive's $SATA has started building a Bitcoin position, with $STRC pushing toward $100 par. $SATA has already raised enough capital to buy over 1,270 BTC this week, a sign that long-term confidence has not fully faded.
Bitcoin price today is $84,649.94, down 1.2%, with a $1.7 trillion valuation and $42.593 billion in volume.
Spot Ethereum ETFs booked a daily net outflow of $17.25 million, and Fidelity recorded that entire outflow alone. Cumulative net inflow stands at $13.82 billion, total value traded was $1.05 billion, and total net assets sit at $17.62 billion, 2.00% of Ethereum's value.
Source: SoSoValue Details
(Note: BlackRock's Ethereum numbers had not updated either, so the daily number could still shift.)
On-chain activity added to the pressure. As per Lookonchain data, the wallet ens.eth sold another 1,097 ETH worth $3 million at $2,743 apiece, four hours before this report, cooling short-term confidence.
Ethereum price today is $2,677.10, down 1.8%, with a $326.822 billion valuation and $17.861 billion in volume.
Spot XRP ETFs recorded a daily net outflow of $3.28 million, the first outflow this October, with Bitwise behind it. Cumulative net inflow remains at $1.79 billion, total value traded came in at $102.44 million, and total net assets sit at $1.66 billion, 1.79% of XRP's value.
Source: SoSoValue Chart
XRP price today is $1.49, down 2.0%, with a $93.777 billion valuation and $3.565 billion in volume.
Unlike XRP, spot Solana ETFs booked their first inflow of October: $1.30 million in daily net flow, with Bitwise the sole contributor. Cumulative net inflow is $1.61 billion, total value traded was $101.27 million, and total net assets stand at $1.90 billion, 2.75% of Solana's value.
Source: SoSoValue Website
A Solana post on X confirmed that Fiserv's digital asset platform is now live, with transactions processing on Solana. The post also pointed to Roughrider Coin, issued for the state-owned Bank of North Dakota, which lets more than 90 banks and credit unions move money between each other in seconds, lifting confidence in real-world use.
Solana price today is $119.09, down 2.1%, with a $70.04 billion valuation and $4.206 billion in volume.
As per the Bureau of Labor Statistics, US nonfarm payrolls rose by just 29,000 in September, far below the 90,000 forecast, while unemployment climbed to 4.2% against an expected 4.1%. August growth was revised down to 133,000 from 162,000, and July was revised to a 10,000 decline, leaving the two months combined 60,000 lower than first reported.
This US employment data cuts both ways. A gain of just 29,000 jobs raises the odds of a Fed rate cut, but it also signals the economy is cooling faster than expected. When fear about the wider economy builds, coins can fall harder than stocks in a risk-off market.
The next Fed meeting will shape price direction, and the upcoming SEI ETF launch could decide if this market recovery holds or fades.
Crypto ETF News Today shows a split story: Bitcoin and Solana ETFs still found buyers, while Ethereum and XRP saw money leave. With soft US employment data in play, the next Fed meeting and the SEI Exchange Traded Fund launch are the two events worth watching next.
YMYL Disclaimer: This content touches Your Money or Your Life (YMYL) topics, including cryptocurrency prices, flows and economic data. It is for informational purposes only and must not be treated as financial, investment, tax or legal advice. Prices are volatile, and flow figures can change once all funds report. Always do your own research and speak with a licensed financial advisor before making any investment decision. Past fund flows do not guarantee future results.
