Key Insights Crypto ETFs diverged as Bitcoin funds added $241.1 million while Ether products lost about $138 million. Bitcoin spot ETFs extended their positive weekly run to three consecutive
U.S. crypto ETFs diverged during the week ending Oct. 2. Spot Bitcoin funds attracted about $241.1 million, while spot Ether products recorded roughly $138 million in net redemptions.
The split came as Bitcoin recovered toward $86,000 on Oct. 5. Fund flows showed stronger demand for Bitcoin exposure while Ether products faced persistent withdrawals late in the week.
CoinMarketCap data showed Bitcoin trading near $86,300 on Oct. 5. The asset closed near $84,512 on Oct. 2 after trading around $83,600 on Sept. 30. That placed Bitcoin above the lower end of its recent consolidation range.
Bitcoin price usd chart. Source: CoinMarketCap
The price recovery broadly matched stronger demand for crypto ETFs tied to Bitcoin. SoSoValue data showed BlackRock’s iShares Bitcoin Trust led weekly inflows with about $450 million. Ark and 21Shares’ ARKB also recorded positive weekly demand, while Fidelity’s FBTC posted the largest weekly outflow.
However, flow providers did not fully agree on the weekly total. Farside Investors’ daily Bitcoin ETF table produced about $82.9 million in net inflows for Sept. 28 through Oct. 2. The difference means readers should avoid treating one aggregate number as definitive. Each provider uses its own methodology and updates.
The disagreement did not erase the broader direction. Both datasets showed Bitcoin funds finishing the period net positive. For crypto ETFs, methodology can alter headline totals without reversing the weekly trend.
Bitcoin’s rebound moved attention toward the $87,000 to $87,500 area. Riya Sehgal, research analyst at Delta Exchange, identified that zone as near-term resistance on Oct. 5. She placed support around $85,000 to $85,500 and said a sustained break higher could bring $90,000 into focus.
That setup gives crypto ETFs another near-term test. Stronger Bitcoin ETF demand can support spot liquidity, but price still needs follow-through above resistance. CoinMarketCap data showed Bitcoin remained below that zone during early Oct. 5 trading.
The weekly structure also remained uneven. Farside data showed Bitcoin funds posted gains on several sessions but recorded $148.7 million in outflows on Sept. 30. That volatility suggested the positive weekly balance came from concentrated buying rather than steady daily accumulation.
Ethereum-linked products told a different story. Farside Investors recorded $17.1 million in Ethereum ETF inflows on Sept. 28. It then showed four straight outflows. They totaled $2.8 million, $59.6 million, $55.4 million, and $17.3 million.
Bitcoin etfs inflow. Source: SoSoValue
Those daily figures produced roughly $118 million in net outflows. SoSoValue-based reporting placed the weekly loss at $138.02 million. The gap again showed why crypto ETFs can produce different headline totals across data providers.
The Ethereum ETF weakness contrasted with Bitcoin’s positive weekly reading. It also limited evidence for a broader institutional rotation across major digital assets. Investors appeared more willing to add Bitcoin exposure while reducing Ethereum fund positions.
The Securities and Exchange Commission approved a Cboe BZX rule proposal on Oct. 2 covering six leveraged commodity-based funds. The approved lineup included a 3x Bitcoin ETF and a 3x Ether ETF under the VS Trust.
Source: X
Cboe had filed the proposal on Aug. 10 under BZX Rule 14.11(e)(4). The exchange sought approval to list the six leveraged funds as commodity-based trust shares.
The SEC order said the Bitcoin product would target three times a Bitcoin futures benchmark’s daily performance. The Ether product would seek three times the daily performance of an Ether futures benchmark. Neither fund represented direct spot ownership of the underlying cryptocurrency.
That approval expanded the structure available around crypto ETFs, but it also introduced higher daily leverage risk. Leveraged funds reset exposure each day, so longer holding periods can diverge from a simple three-times return calculation.
The next test remains Bitcoin’s response around $87,000 to $87,500. A sustained move above that range could reinforce demand, while rejection would keep attention on $85,000 support. ETF investors will also watch whether next week’s data narrows the gap between Bitcoin and Ethereum demand.
This article is for informational purposes only and does not constitute financial or investment advice. ETF flows, market prices and leveraged products do not guarantee future asset performance.
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