BlackRock Dominates Crypto ETF Inflows as Bitcoin Rebounds

The start of October saw mixed results for US spot crypto ETFs, with Bitcoin funds attracting $102.7 million in inflows on October 1, while Ether and Solana products remained in negative territory.

This rebound followed a $148.7 million withdrawal from Bitcoin funds on September 30, resulting in a category swing of $251.4 million from one session to the next.

The improvement was largely due to BlackRock's Bitcoin ETF, which absorbed enough capital to offset withdrawals across several competing products.