Key Takeaways
- Bitcoin ETFs drew $31.07M on Monday, extending their inflow streak to eight sessions.
- Blackrock led, and ether, solana, and XRP funds also gained, showing broad institutional demand.
- Markets will test if bitcoin ETF buying holds as macro pressure slows inflows.
Bitcoin ETFs Stay Positive as Daily Inflows Cool
The torrent of exchange-traded fund (ETF) money slowed to a stream on Monday, Sept. 28, but institutional demand for bitcoin remained intact.
Bitcoin ETFs added $31.07 million, bringing cumulative inflows across the past eight trading sessions to roughly $3 billion. Blackrock’s IBIT fund led the session with $54.84 million, while Grayscale’s Bitcoin Mini Trust added $10.32 million.
Selling elsewhere trimmed the total. Grayscale’s GBTC lost $23.19 million, and Fidelity’s FBTC recorded a $10.90 million outflow. Total trading volume across the ETFs reached $2.05 billion, while net assets closed at $107.82 billion.
The softer flow comes after bitcoin ETFs attracted $2.39 billion last week, their strongest weekly total since October 2025. Bitcoin’s price dipped to a weekly low above $82,500 on Monday, but then rebounded back above the $84,000 mark in the afternoon, E.T. time. The price remains near $84,000 as of this writing.
Ether and Solana Keep the Streak Alive
Ether ETFs stayed positive for a seventh consecutive session, drawing roughly $17.1 million. Blackrock’s ETHA accounted for $15.35 million worth of inflows, while 21Shares’ TETH added $1.74 million. Trading activity totaled $698.35 million, and net assets finished at $17.69 billion.
Meanwhile, Solana ETFs brought in $12.70 million on Monday. Bitwise’s BSOL led with $9.65 million, followed by Canary’s SOLC at $5.04 million. A $2 million outflow from Vaneck’s VSOL reduced the overall gain. Solana ETF trading value totaled $90.43 million, while net assets ended at $1.93 billion.
XRP Stays Green as Zcash Reverses
XRP ETFs added $3.96 million on Monday, all of it through Canary’s XRPC. Trading value reached $39.37 million, with net assets closing at $1.68 billion.
Zcash moved in the opposite direction, however, as Grayscale’s ZCSH recorded an $8.12 million outflow after three sessions without net movement. Trading volume jumped to $107.52 million, while assets fell to $926.84 million.
HYPE ETFs saw no net flows. The mixed session suggests capital remains available across the broader crypto ETF market, though investors appear increasingly selective after last week’s surge.
Institutional Demand Meets Macro Resistance
Lacie Zhang, research lead at Bitget Wallet, said the latest bitcoin price pullback appears driven largely by macro forces, including higher Treasury yields, a stronger dollar and profit-taking after the recent rally.
She noted that U.S. spot bitcoin ETFs remain net buyers even as daily inflows have slowed from nearly $1 billion at the start of last week to $31 million on Monday. That pattern, she said, suggests institutional demand is still providing support while broader risk appetite becomes more selective.
Bloomberg Senior ETF Analyst Eric Balchunas also highlighted the role ETFs are playing in opening bitcoin to traditional wealth-management channels.
“This is major, and this unlocks about $40 trillion in advisory assets,” Balchunas said.
He argued that trusted issuers such as Blackrock and Fidelity have made bitcoin exposure easier for financial advisers, many of whom are beginning with modest portfolio allocations.
Monday’s numbers showed that the pace may be cooling. The streak, however, is still alive.


