ETF Frenzy: Major Crypto Assets See Synchronized Net Inflows on September 28
September 28 saw an unusual phenomenon in the crypto market as major spot ETFs for Bitcoin, Ethereum, Solana, and XRP all recorded net inflows simultaneously. According to data from SoSoValue, this combined total reached around $65 million.
BTC products led the day with $31.07 million in net inflows, which was actually the lowest single-day figure for BTC ETFs that month. ETH followed at $17.10 million, SOL at $12.70 million, and XRP at $3.96 million.
These daily numbers seem small against the cumulative picture. Bitcoin spot ETFs have now absorbed $57.58 billion in total net inflows since launching in January 2024, with total net assets sitting at $107.82 billion. This represents 6.42% of Bitcoin's entire market cap sitting inside regulated ETF wrappers.
ETH's cumulative net inflows stand at $13.96 billion against $17.69 billion in total assets. XRP ETFs, which launched in late 2025, have already accumulated $1.79 billion in cumulative inflows. Solana's tally sits at $1.62 billion.