Bitcoin ETFs kick off Uptober with $103 million inflow
Bitcoin ETFs kick off ‘Uptober’ with roughly $103 million in net inflows on the first US trading day of October, reversing Wednesday’s outflows. Combined assets reached $109.3 billion as Bitcoin traded near $85,900, while Ether funds logged a third straight day of net outflows.
Key Takeaways
- US spot Bitcoin ETFs drew $102.7 million in net inflows on Thursday after $148.7 million in outflows a day earlier, per SoSoValue.
- Fund net assets rose to $109.3 billion, with cumulative net inflows at $57.6 billion following a $6.34 billion third quarter.
- Bitcoin traded around $85,900, up 2.1% over 24 hours, after gaining 42.71% in the third quarter.
- US spot Ether ETFs saw $55.4 million in net outflows, about $118 million across three sessions; Solana ETFs also lost funds while XRP ETFs gained.
October’s first session gave Bitcoin ETF bulls a familiar seasonal cue. After Wednesday’s retreat, flows flipped positive again — a pattern traders often watch when “Uptober” chatter heats up across Fintech & Crypto Alerts.
According to Cointelegraph, citing SoSoValue data, the Thursday rebound followed the strongest quarter of 2026 for these products, including $2.65 billion of third-quarter inflows booked in September alone.
How large were the Bitcoin ETF inflows?
Thursday’s $102.7 million net intake pushed headline figures to about $103 million. That flipped the prior session’s $148.7 million net outflow and lifted combined net assets to $109.3 billion.
Cumulative net inflows now stand at $57.6 billion. The third quarter alone delivered $6.34 billion in net inflows — the funds’ strongest quarter of 2026 — with September contributing $2.65 billion of that total.
Bitcoin itself rose 42.71% over the quarter. At publication it traded near $85,900 on CoinGecko, up 2.1% over the prior 24 hours. Alternative.me’s Crypto Fear & Greed Index eased to 72 from 74, still in “Greed” territory.
Why does an Uptober ETF rebound matter?
Spot Bitcoin ETFs have become a primary on-ramp for institutional and retail capital. A return to inflows on day one of October signals that demand did not dry up after September’s heavy intake and Wednesday’s brief outflow.
The $109.3 billion asset base and $57.6 billion in cumulative net inflows underscore how far these vehicles have scaled since launch. For traders watching seasonal narratives, early-month flow data often frames whether optimism has real capital behind it.
What happened with Ether and other crypto ETFs?
The Bitcoin rebound did not extend evenly across crypto funds. US spot Ether ETFs recorded $55.4 million in net outflows on Thursday and have shed about $118 million across three consecutive trading days.
Solana ETFs posted around $6 million in net outflows, extending an outflow streak to two sessions. XRP ETFs, by contrast, attracted $4 million in net inflows on the same day.
That split — Bitcoin and XRP drawing money while Ether and Solana products bled — highlights how selective ETF flows remain even when Bitcoin opens the month on a constructive note.