Big inflows into Bitcoin and Ethereum hint at a strong rebound after the $19B crypto sell-off.
A resurgence of investor confidence is evident in the renewed interest in Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETFs).
According to Farside Investors’ data, there was a net inflow of $102.7 million into U.S. Bitcoin ETFs.
Fidelity’s Wise Origin Bitcoin Fund (FBTC) led with deposits of $132.7 million, which offset a $30.8 million redemption posted from BlackRock’s iShares Bitcoin Trust (IBIT).
Ethereum ETFs saw a more pronounced recovery, attracting a collective $236.2 million. The Fidelity Ethereum Fund (FETH) accounted for the majority of this inflow, pulling in $154.6 million.
Market crash triggered nearly $1B outflows in 48 hours
The rebound represents a sharp reversal from the market conditions on October 10, after U.S. President Donald Trump announced on Truth Social that China had issued new export controls.
In response, the U.S. government imposed a 100% tariff on Chinese goods and forthcoming restrictions on key software exports starting November 1, 2025.
These twin developments sparked fear and panic in the market, leading to the liquidation of more than $19 billion in leveraged positions within hours.
The crypto ETF market was severely affected, suffering nearly $1 billion in combined outflows across October 10 and October 13.
The Biggest Crypto ETFs
| Rank | Ticker | Fund name | Issuer | Asset | AUM (USD) |
|---|---|---|---|---|---|
| 1 | IBIT | iShares Bitcoin Trust | BlackRock | Bitcoin | $97.32B |
| 2 | FBTC | Fidelity Wise Origin Bitcoin Fund | Fidelity | Bitcoin | $25.0B |
| 3 | GBTC | Grayscale Bitcoin Trust ETF | Grayscale | Bitcoin | $21.32B |
| 4 | ETHA | iShares Ethereum Trust | BlackRock | Ethereum | $15.98B |
| 5 | BTC | Grayscale Bitcoin Mini Trust ETF | Grayscale | Bitcoin | $5.85B |
| 6 | ARKB | ARK 21Shares Bitcoin ETF | ARK Invest / 21Shares | Bitcoin | $5.47B |
| 7 | BITB | Bitwise Bitcoin ETF Trust | Bitwise | Bitcoin | $5.14B |
| 8 | ETHE | Grayscale Ethereum Trust ETF | Grayscale | Ethereum | $4.20B |
| 9 | FETH | Fidelity Ethereum Fund | Fidelity | Ethereum | $3.2B |
| 10 | BITO | ProShares Bitcoin ETF | ProShares | Bitcoin | $2.96B |
Gold holds steady as crypto continues roller coaster
Amid the crypto market setback, gold stayed strong. In early October, its price soared past $4,000 per ounce. This performance has reignited debate over whether gold is a safer investment compared to Bitcoin.
While a longitudinal analysis shows Bitcoin outperforming gold by 907% to 111% over five years, their comparison is now based on purpose, not just performance.
Gold remains a safe haven, its value supported by central bank activity and interest rates. Bitcoin, however, is more sensitive to market liquidity and investor risk appetite, acting as a hedge against currency devaluation.
