Key Takeaways
- • US spot Bitcoin ETFs recorded $137.3 million in net inflows on October 28, 2026, according to Farside Investors data, marking a third consecutive day of net inflows.
- • Spot Ethereum ETFs shed $21.4 million on the same day, their third straight negative session, with $170.2 million in cumulative three-session redemptions.
- • Solana ETFs recorded $5.7 million in net outflows, extending a three-session withdrawal total of roughly $33.1 million; XRP funds recorded no flow.
- • BlackRock's IBIT accounted for about $136 million, or roughly 99%, of Wednesday's Bitcoin ETF inflows, while ETHA posted $44.8 million in Ethereum outflows.
- • Cumulative US spot Bitcoin ETF net inflows stand at approximately $57.7 billion, while US Ethereum ETFs have accumulated roughly $12.6 billion since their July 2024 launch.
Summary
US spot Bitcoin exchange-traded funds attracted $137.3 million in net inflows on October 28, 2026, according to Farside Investors data reported by FinanceFeeds, extending a third consecutive session of positive flows. The inflows followed $176 million on October 27 and $110.3 million on October 26. Bitcoin funds have accumulated $423.6 million across the three sessions beginning October 26, partially reversing the $773.5 million withdrawn on October 22 and 23.
The inflows were highly concentrated. BlackRock's iShares Bitcoin Trust (IBIT) accounted for approximately $136 million, or about 99% of the category total, while Bitwise's BITB attracted $1.3 million. Fidelity's FBTC, ARK Invest's ARKB and Grayscale's GBTC reported no net flows. Cumulative net inflows across all US spot Bitcoin ETFs have reached approximately $57.7 billion, with IBIT holding roughly $66.5 billion in cumulative inflows since its January 2024 launch and Fidelity's FBTC at about $10.4 billion. Grayscale's GBTC continues to carry nearly $28 billion in cumulative net redemptions.
Ethereum ETFs moved in the opposite direction, recording $21.4 million in net redemptions on October 28 after outflows of $88.6 million on October 26 and $60.2 million on October 27. BlackRock's ETHA registered $44.8 million in withdrawals, partially offset by inflows into Fidelity's FETH ($18.8 million), Grayscale's Ethereum Mini Trust ($3.6 million) and Morgan Stanley's MSSE ($1 million). US Ethereum ETFs have accumulated approximately $12.6 billion in net inflows since their July 2024 introduction.
Solana ETFs recorded $5.7 million in net withdrawals, driven by Bitwise's BSOL, following outflows of $19.2 million and $8.2 million in the preceding sessions. Combined three-day Solana outflows total approximately $33.1 million. XRP funds recorded no flow during the session.
The divergence reflects differing institutional positioning across the three assets. Analysts cited in the reporting note that the Bitcoin inflows remain concentrated in a small number of products, so whether this marks a sustained shift toward Bitcoin or a temporary repositioning will depend on subsequent flows and broader market conditions.
The inflows were highly concentrated. BlackRock's iShares Bitcoin Trust (IBIT) accounted for approximately $136 million, or about 99% of the category total, while Bitwise's BITB attracted $1.3 million. Fidelity's FBTC, ARK Invest's ARKB and Grayscale's GBTC reported no net flows. Cumulative net inflows across all US spot Bitcoin ETFs have reached approximately $57.7 billion, with IBIT holding roughly $66.5 billion in cumulative inflows since its January 2024 launch and Fidelity's FBTC at about $10.4 billion. Grayscale's GBTC continues to carry nearly $28 billion in cumulative net redemptions.
Ethereum ETFs moved in the opposite direction, recording $21.4 million in net redemptions on October 28 after outflows of $88.6 million on October 26 and $60.2 million on October 27. BlackRock's ETHA registered $44.8 million in withdrawals, partially offset by inflows into Fidelity's FETH ($18.8 million), Grayscale's Ethereum Mini Trust ($3.6 million) and Morgan Stanley's MSSE ($1 million). US Ethereum ETFs have accumulated approximately $12.6 billion in net inflows since their July 2024 introduction.
Solana ETFs recorded $5.7 million in net withdrawals, driven by Bitwise's BSOL, following outflows of $19.2 million and $8.2 million in the preceding sessions. Combined three-day Solana outflows total approximately $33.1 million. XRP funds recorded no flow during the session.
The divergence reflects differing institutional positioning across the three assets. Analysts cited in the reporting note that the Bitcoin inflows remain concentrated in a small number of products, so whether this marks a sustained shift toward Bitcoin or a temporary repositioning will depend on subsequent flows and broader market conditions.
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