US spot bitcoin ETFs took in $102 million in net inflows on October 1, reversing a -$148 million session the day before, according to Ambcrypto. BlackRock’s IBIT brought in $195 million, Grayscale’s GBTC added $14 million and Morgan Stanley’s MSBT saw $7 million, per Ambcrypto. Five other funds recorded a combined $24 million in outflows on the same day, data from Onchain Lens showed.
The flows arrived as bitcoin flipped the $85,000 level on October 2, trading near $86,272 at press time after a 3.3% daily gain, Ambcrypto reported. Blockonomi put the price at $86,626 as of 1 a.m. ET Friday, up 3.1% over 24 hours. The two reports differ slightly on the exact price and on the net inflow figure — Ambcrypto cites $102 million, Blockonomi $102.7 million.
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Key facts
- Bitcoin ETFs recorded $102 million in daily net inflows on October 1, flipping from -$148 million the previous session (Ambcrypto).
- BlackRock’s IBIT added $195 million, Grayscale’s GBTC $14 million and Morgan Stanley’s MSBT $7 million, per Onchain Lens data cited by Ambcrypto.
- September bitcoin ETF inflows totaled $2.65 billion, the second-largest monthly figure since October 2025, according to SoSoValue data reported by Blockonomi.
- Spot ether ETFs drew $832.43 million in September but lost $55.4 million on October 1, Blockonomi reported.
- BTC reached a weekly high of $86,912 before retracing to around $86,272, Ambcrypto said.
ETF demand holds through early October
September’s $2.65 billion inflow total marked the second-strongest monthly haul for US spot bitcoin ETFs since October 2025, though it was lower than August’s $3.52 billion, according to Blockonomi. Ether ETFs followed a similar pattern — September inflows of $832.43 million, down from $1.85 billion in August, but still the second-largest monthly figure since August 2025.
Dominick John, an analyst at Zeus Research, told The Block that the flow data suggest institutional demand “has not faded” and point to a more sustained recovery. John said the figures signal improving market sentiment heading into the final quarter. Blockonomi reported the Crypto Fear & Greed Index at 69, in greed territory.
Also read: Bitcoin ETFs post four-day outflow streak as BTC fails to hold $65,000
Onchain metrics tracked by Ambcrypto showed Exchange Netflow positive since September 30, with Spot Netflow falling to -$67 million from $353 million the previous day. Ambcrypto noted that Aroon Up was hovering around 21% and had declined for eleven straight days, suggesting weak momentum despite the bullish turn.
Why it matters
The reversal in daily ETF flows matters because it shows institutional buyers stepping back in after a one-day pullback, not abandoning the trade. If flows hold at current levels, Ambcrypto wrote, bitcoin could reclaim $88,000; a failure to close a daily candle above $85,000 would open the door to a retest of $82,000. September’s $2.65 billion total, though below August’s $3.52 billion, remains well above the levels seen through most of the past year, per Blockonomi.
What to watch
Traders will watch whether bitcoin can post a daily close above $85,000 to confirm the breakout, and whether ETF inflows continue at the current pace. Blockonomi noted the October 8 jobless claims report, scheduled for Thursday, as the next macro catalyst, alongside upcoming inflation data and Federal Reserve commentary that could shift rate expectations.
This article is for informational purposes only and is not financial advice. Cryptocurrency markets are volatile and prices can move sharply in either direction; readers should conduct their own research before making any investment decision.
Reported by ambcrypto.com.
Sources: AMBCrypto, Blockonomi