On October 24, the U.S.
Bitcoin
spot ETF sector saw a notable recovery, with total net inflows amounting to $90.605 million. This marked the first day since October 18 that no ETF registered outflows. Fidelity's FBTC stood out with a daily inflow of $57.924 million, while BlackRock's
IBIT
brought in $32.681 million, highlighting ongoing institutional interest in regulated crypto investment options, according to a
Coinotag report
. This resurgence followed a broader uptick in investor optimism, as Bitcoin ETFs had previously attracted $477.2 million in inflows on October 22, breaking a four-day streak of outflows and indicating a shift in market sentiment, as noted by
Coinotag
.
This positive trend extended to
Ethereum
spot ETFs, which saw $141.7 million in net inflows on October 22, ending three consecutive days of outflows, according to Coinotag. Fidelity's FETH and BlackRock's ETHA led the way for Ethereum ETFs, drawing $59.07 million and $42.46 million respectively, as investors adjusted their holdings in response to evolving regulatory developments, as reported by
Coinpedia
. These shifts point to a broader redistribution of capital within the crypto ETF market, as institutional investors seek diversified exposure to top digital assets.
This wave of inflows has paralleled regulatory activity, with the U.S. Securities and Exchange Commission (SEC) currently reviewing 155 crypto ETF applications covering 35 different assets, including Bitcoin, Ethereum,
Solana
, and
XRP
, as detailed in a
Coinotag review
. The SEC is under increasing pressure to complete approvals by early 2026, with some delays linked to a government shutdown. In the meantime, T. Rowe Price, a major asset manager overseeing $1.77 trillion, has submitted an application for a multi-asset crypto ETF that would include Bitcoin, Ethereum, Solana, and XRP, further signaling institutional interest, according to
Blockchain Magazine
. This new fund is designed to emulate traditional index fund strategies, providing investors with balanced access to several cryptocurrencies in one product.
BlackRock's strong presence in the Bitcoin ETF arena has also shaped market trends. Its IBIT ETF, which saw $210.9 million in inflows on October 22, has accumulated a total of $65.306 billion in historical inflows, strengthening its position as a key source of liquidity for Bitcoin trading pairs, as reported by
Blockchain News
. Experts observe that such inflows often precede short-term price surges, with past trends indicating possible gains of 5-10% within a few days. On October 22, Bitcoin's value climbed to a weekly peak of $114,000, while Ethereum reached $3,864.57, demonstrating the influence of ETF-driven demand.
The expansion of the ETF sector has also impacted Bitcoin's overall market capitalization. As of October 24, the combined net asset value of spot ETFs stood at $149.962 billion, accounting for 6.78% of Bitcoin's total market cap. This represents a substantial rise from earlier in the year, as cumulative inflows have boosted ETF holdings to $61.985 billion, underscoring the sector's evolution into a mainstream investment option.
