Bitcoin and Ether ETFs saw renewed investor demand Wednesday as cryptocurrency prices recovered. Bitcoin-focused ETFs drew $757 million in inflows, led by Fidelity’s FBTC with $299 million and BlackRock’s IBIT at $211 million. Ark Invest’s ARKB contributed $145 million. Bitcoin surged past $114,000 during the session.
Ether ETFs also rebounded, bringing in $171 million in net inflows. BlackRock’s ETHA led with $74.5 million, followed by Fidelity’s FETH at $49.5 million, as ETH rose above $4,400. These inflows follow a sharp $446 million outflow earlier this month, signaling renewed investor confidence.
Year-to-date trends show Bitcoin ETFs adding $1.39 billion in September alone, offsetting August’s $751 million in redemptions. Ethereum ETFs, after a $669 million outflow in September, had previously attracted $9.3 billion across June, July, and August.
The inflows come ahead of next week’s Federal Reserve meeting. Polymarket traders assign an 82% probability to a 25-basis-point rate cut. Analysts note that sustained ETF demand could depend on broader rotations from money market funds into risk assets, potentially providing a structural support for BTC and ETH.
