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US spot Bitcoin and XRP ETFs post net inflows as Ethereum funds shed $202 million

Daily flow data for October 6 showed US spot Bitcoin and XRP exchange-traded funds recording net inflows of roughly $119 million and $3.14 million, respectively, while Ethereum ETFs suffered $201.9 million in net redemptions to mark a six-day outflow streak.

U.S. spot Bitcoin exchange-traded funds rebounded on October 6, drawing approximately $118.86 million in net inflows to reverse an $89.8 million outflow from the previous session. BlackRock's iShares Bitcoin Trust (IBIT) spearheaded the daily additions, taking in roughly $122 million—or about 1.42K BTC—according to data from SoSoValue and CoinMarketCap. The inflows came as Bitcoin traded around $84,000 following a rejection near the $87,000 resistance level.[1][7][8][10][11]

Spot Ethereum ETFs moved in the opposite direction, registering $201.89 million in net redemptions on Tuesday in their largest single-day outflow since September 16. The session extended Ether funds' negative run to six consecutive days, bringing cumulative outflows over that stretch to $408 million. Outlets including Wu Blockchain reported that the day's Ethereum ETF outflows came entirely from BlackRock's ETHA. Spot Solana ETFs also saw net outflows of $3.68 million for the day.[1][2][3][4][5][7][13]

Meanwhile, spot XRP funds posted positive daily flows, recording $3.14 million in aggregate net inflows. According to tracker Maketo, five tracked U.S. spot XRP ETFs held roughly $1.7 billion, or about 1.13 billion XRP, at the October 6 close. The sector's positive net figure was driven by roughly $11 million entering Bitwise's fund, which outweighed redemptions of about $4.1 million from Franklin and $3.3 million from Canary, while Grayscale and 21Shares saw flat flows.[6][12][13]

Key facts

  • US spot Bitcoin ETFs recorded net inflows of approximately $118.86 million on October 6, bouncing back from an $89.8 million net outflow on October 5.
  • BlackRock's IBIT led all Bitcoin ETFs on October 6 with $122 million (roughly 1.42K BTC) in net inflows.
  • US spot Ethereum ETFs saw $201.89 million in net outflows on October 6, representing their largest single-day loss since September 16.
  • The October 6 withdrawals extended spot Ether ETFs' outflow streak to six straight sessions, totaling $408 million in cumulative redemptions.
  • Wu Blockchain reported that all of the October 6 Ether ETF outflows originated from BlackRock's ETHA.
  • Spot Solana ETFs posted net outflows of $3.68 million on October 6.
  • US spot XRP ETFs registered $3.14 million in net inflows on October 6, with five tracked funds holding an estimated $1.7 billion (1.13 billion XRP) at the close.
  • Bitwise recorded roughly $11 million in XRP ETF inflows on October 6, offsetting outflows of $4.1 million from Franklin and $3.3 million from Canary.

Sources · 12 sources

  1. CB

    Crypto Banter@crypto_banterPost on X ·

    🚨SPOT BITCOIN ETFS TAKE IN $118.86M! U.S. spot bitcoin:native ETFs pulled in $118.86 million on Tuesday, per SoSoValue data. Spot ethereum:native ETFs went the other way, losing $201.89 million.

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  2. TB

    The Block@TheBlockCoPost on X ·

    THE BLOCK: Spot bitcoin ETFs saw $118.9 million in net inflows on Tuesday, while spot ether ETFs shed $201.9 million, their largest outflows since Sept. 16. bitcoin:native ethereum:native https://t.co/25Gbq7wd7m

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  3. CT

    Coin TelegraphArticle ·

    Bitcoin ETFs rebound with $119M inflow as Ether extends losses Bitcoin ETFs returned to net inflows with $119 million on Tuesday despite falling prices, while Ether funds reached a six-session outflow streak totaling $408 million.

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  4. T�

    TylerD 🧙‍♂️@Tyler_Did_ItPost on X ·

    The BTC ETFs saw $119M in net inflows on Tuesday and continue a steady inflow trend. The ETH ETFs, on the other hand, saw $202M in net outflows and now a 6-day outflow streak. https://t.co/TsfYKArWMM

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  5. CB

    Crypto BriefingArticle ·

    BlackRock ETF clients pull $202M from Ethereum as outflow streak hits six days The shift from Ethereum to Bitcoin ETFs indicates a strategic reallocation of crypto investments, impacting market dynamics and investor sentiment. The post BlackRock ETF clients pull $202M from Ethereum as outflow streak hits six days appeared first on Crypto Briefing .

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  6. CR

    CryptoSlateArticle ·

    XRP ETFs now hold $1.7 billion but took in just $4M last week XRP traded around $1.43 on Oct. 7, down 5.46% over 24 hours. Five tracked US spot XRP ETFs held an estimated $1.7 billion at the previous day's close, according to market data tracker Maketo. The holdings total is accumulated exposure. The latest net flows were much smaller, and the ETF sector contained withdrawals as well as additions: Franklin and Canary recorded outflows on Oct. 6, even though the five funds collectively received net inflows. The exchange-wallet decline used to support a supply-squeeze story also includes a storage migration that left coins under the same exchange's control. ETF inflows and wallet withdrawals tell a smaller story Maketo estimated that its five tracked funds held $1.7 billion, or about 1.13 billion XRP, at the Oct. 6 close . It values the coins at its own daily closing price and estimates some holdings when issuers do not publish a coin count. Its flow data for the same date showed $3.14 million of aggregate net inflows. The past-week total was roughly $3.9 million, alongside $112 million over the past month. The weekly and monthly figures cover the tracker's trailing periods. The rounded daily breakdown showed about $11 million entering Bitwise's fund. Franklin recorded roughly $4.1 million leaving, while Canary lost about $3.3 million. Grayscale and 21Shares were flat. Bitwise's additions outweighed withdrawals elsewhere, leaving the sector positive. Canary's shares-outstanding table shows its share count moving from 23.35 million on Oct. 5 to 23.14 million on Oct. 6, consistent with net redemptions. That identifies a fund where exposure was being reduced, without naming the investors or showing where any underlying XRP changed hands. There is also a distinction between investors selling ETF shares on an exchange and shares being redeemed from the fund. Individual shares trade in the market , while authorized participants handle creation and redemption units. Related Reading XRP ETFs hit a speed bump, but big investors aren't dumping their tokens yet The exchange picture is also mixed. An Oct. 7 reading from ledger data tracker XRP Insights, taken at 08:00 UTC, counted 21.98 billion XRP in 699 publicly attributed wallets across 24 exchanges . That includes cold storage and some reserves backing wrapped tokens, so it is broader than readily tradable inventory. Selling can also occur within an exchange's pooled customer accounts. As an accounting matter, XRP moving from one customer's ownership to another's need not alter the exchange's total on the ledger. That lets sellers trade existing exchange inventory even while coins are being withdrawn. Comparing the same wallets over seven days, the tracker reported a decline of 26.5 million XRP, or 0.13%. Binance-attributed balances fell by 33 million XRP, while Upbit's rose by 11.5 million. The monthly figure looked much more dramatic: a 1.63 billion XRP decline. XRP Insights attributed most of that fall to an Uphold storage migration into newer wallets outside its tracked set. Excluding Uphold, the decline was 75 million XRP, or 0.54%. Even the adjusted measure can include transfers into untracked wallets. A recorded withdrawal may reflect an exchange moving its own storage rather than customers taking coins away. Related Reading XRP rebounds 32% from $1 as ETF money pours in and whales reposition Ripple's Oct. 1 cycle released 1 billion XRP and re-escrowed 700 million , according to XRP Insights' ledger tracker. The remaining 300 million left escrow; that change in availability does not establish that the coins were sold. Heavy futures trading leaves price leadership unresolved At 14:29 UTC on Oct. 7, CoinGlass recorded $3.97 billion of XRP futures turnover over 24 hours against $801.56 million of covered spot turnover. Open interest stood at $3.35 billion. Its XRP price reading was $1.4308, down 5.46% over the same rolling day. Futures activity was roughly five times the covered spot figure. Gross turnover counts trading activity rather than net bearish exposure, leaving open whether futures sellers led the price move or followed it. Open interest includes outstanding long and short positions . To distinguish a leveraged unwind from fresh positioning, price, funding and liquidation data need to be considered together. A fall in open interest alone would not establish forced liquidations. Related Reading XRP’s next rally could put this 115 million-token short under pressure The backdrop also extends beyond XRP. Bitcoin was around $83,100 in CryptoSlate's Oct. 7 snapshot, below its Oct. 6 reference close of $85,557.56. The dated redemptions identify where ETF exposure was reduced. The dominant XRP sellers remain unidentified. The next useful signals are stronger net ETF additions, exchange movements traced beyond storage migrations, and derivatives data showing how positions changed during the fall. The post XRP ETFs now hold $1.7 billion but took in just $4M last week appeared first on CryptoSlate .

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  7. WB

    Wu Blockchain@WuBlockchainPost on X ·

    Bitcoin ETFs Draw $119 Million as Ether Funds See $202 Million Outflow U.S. spot Bitcoin ETFs recorded $119 million in net inflows on Oct. 6, according to SoSoValue, led by BlackRock’s IBIT with $122 million. Spot Ether ETFs moved in the opposite direction, posting $202 million in net outflows, all of which came from BlackRock’s ETHA.

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  8. C®

    CryptoSavingExpert ®@CryptoSavingExpPost on X ·

    Bitcoin spot ETFs recorded $118.8 million in net inflows yesterday, equivalent to around 1.39K BTC. The majority of the buying came through BlackRock’s IBIT, which added around 1.42K BTC. This follows a $1.04K BTC net outflow on October 5, showing that ETF demand remains somewhat mixed from day to day. Overall, Bitcoin spot ETFs have now recorded 727.38K BTC of cumulative net inflows since launch. We think the return to positive flows is encouraging, especially with Bitcoin trading back around $84K after another rejection from $87K. If ETF demand continues strengthening while BTC rebuilds towards resistance, it would provide a stronger demand backdrop for the next move.

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  9. TM

    That Martini Guy ₿@MartiniGuyYTPost on X ·

    Bitcoin ETFs saw $119 million in net inflows yesterday despite Bitcoin falling in price. That’s a pretty interesting sign of demand considering BTC has just been rejected from the $87K area and is now trading around $84K. Ethereum ETFs, meanwhile, have now recorded six consecutive sessions of outflows, with total outflows reaching $408 million. The divergence between BTC and ETH ETF flows is becoming pretty noticeable. Institutional demand is clearly holding up better for Bitcoin right now.

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  10. CO

    CoinMarketCap@CoinMarketCapPost on X ·

    💡 CoinMarketCap | AI Insights · $BTC 💡 $BTC ETFs took in $118.8M in their last session, after an $89.8M outflow the session before. 🔹 Robinhood added $25M of Bitcoin to its balance sheet 🔹 It's 4.0% below its 30-day high of $87.4k 🔹 Support is $80.2k and resistance is $87.1k Powered by the CMC Agent Hub. Full $BTC breakdown on CoinMarketCap 👇 https://t.co/3eETmi3ysy

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  11. CO

    CoinMarketCap@CoinMarketCapPost on X ·

    LATEST: 📊 US spot Bitcoin ETFs took in $118.86M on Tuesday, led by $122M into BlackRock's IBIT, snapping back from Monday's outflows. https://t.co/ef8RuKhorR

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  12. CR

    CryptoSlate@CryptoSlatePost on X ·

    Five US spot $XRP ETFs tracked by Maketo held an estimated $1.7B at the Oct. 6 close. Net inflows over the past week were about $3.9M. Franklin and Canary saw Oct. 6 outflows; Bitwise inflows kept the five funds' net flows positive. via @akibablade https://t.co/fT1xKZM9yB

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  13. CO

    Cointelegraph@CointelegraphPost on X ·

    🇺🇸 ETF FLOWS: BTC and XRP spot ETFs saw net inflows, while ETH and SOL saw net outflows on October 6th. BTC: +$118.80M ETH: -$201.89M SOL: -$3.68M XRP: +$3.14M https://t.co/pVBHvZ6NCH

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