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Bitcoin (BTC) ETFs Draw $31.69 Million in Friday Flows, Led by Fidelity FBTC

US spot Bitcoin (BTC) ETFs drew a provisional $31.69 million net inflow on October 2, led by Fidelity FBTC, while Zcash and Ethereum ETFs saw outflows.

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October 3, 2026, 05:14 AM UTC6 min readUpdated
AI SummaryAI
  • Bitcoin spot ETFs logged a provisional $31.69 million net inflow on October 2.
  • Fidelity FBTC absorbed $29.28 million and Morgan Stanley MSBT $2.41 million.
  • FBTC's cumulative net inflow stands at $10.9 billion on $15.38 billion in net assets.
  • Zcash ETFs posted the largest daily outflow at $26.93 million; Ethereum shed $17.25 million.
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Fidelity FBTC Carries the Flow

U.S. spot Bitcoin ETFs drew a provisional net inflow of $31.69 million on Friday, October 2, with the day's intake concentrated in two funds. Fidelity's FBTC absorbed $29.28 million and Morgan Stanley's MSBT took in $2.41 million, SoSoValue fund-flow data shows. The Bitcoin (BTC) price sits near $84,610 as of press time, roughly flat over the past hour and down 2.1% over 24 hours, which leaves the fund flows rather than the tape as Friday's main datapoint. The session mattered as a corrective print: only days earlier, Bitcoin (BTC) ETFs flipped to a single $150 million outflow day after a nine-day inflow streak, and Friday's positive tally resumes the direction the monthly ledger has held all month. The rest of the panel split by asset. Ethereum ETFs shed a provisional $17.25 million. XRP products, whose daily tally is complete, bled $3.28 million. Zcash, a proof of work privacy chain, logged the largest single-day outflow in the dataset at $26.93 million, in raw terms nearly matching the entire Bitcoin intake. Money moved the other way into Solana ETFs, up $1.30 million, and Hyperliquid ETFs, which absorbed $3.37 million. Altcoin funds in the flat column, Chainlink, Hedera, Avalanche and Dogecoin, recorded zero daily movement across four complete tallies. NEAR Protocol ETFs drew a provisional $241,620, while Tron ETFs printed no daily flow. Across the twelve assets in the panel, eleven hold net inflows over the trailing 30 days; Hyperliquid is the lone exception, carrying a $282,070 monthly outflow. Bitcoin (BTC), Ethereum, Zcash, NEAR and TRON daily figures remained pending as of 04:20 UTC Saturday, so the final Friday tallies can still shift.

Cumulative Ledger Points the Other Way

The monthly and cumulative ledgers frame Friday's split differently. Bitcoin ETFs carry $2.89 billion of net inflows over the trailing 30 days, the largest monthly intake in the dataset, and Friday's tally extends the ETF inflow rebound tracked across the category this week. On a product level, FBTC's cumulative net inflow stands at $10.9 billion against $15.38 billion in net assets, while MSBT has taken in $754.54 million cumulatively and holds $887.49 million in net assets. Ethereum's monthly ledger reads $814.18 million of net inflows despite Friday's outflow, the sharpest 30-day figure among the outflow group. Zcash ETFs hold $178.08 million of 30-day inflows, $212.56 million cumulative and $751.03 million in net assets. XRP products carry $115.01 million of monthly intake, $1.8 billion cumulative and $1.66 billion in net assets. Solana's Friday inflow ran entirely through Bitwise's BSOL staking fund, which anchors a $262.95 million 30-day ledger, $1.61 billion cumulative and $1.9 billion in net assets. Grayscale's HYPG staking fund supplied Hyperliquid's whole $3.37 million intake, with the group at $351.43 million cumulative and $477.99 million in net assets. The flat-column funds still show monthly gains: Chainlink drew $22.55 million over 30 days, Hedera $6.32 million, Avalanche $2.96 million and Dogecoin $3.92 million. NEAR ETFs hold $58.35 million cumulative and $53.40 million in net assets, and Tron's 30-day and cumulative figures both read $491,060 against $50.23 million in net assets. Seasonality sits in the background as well: the asset holds a 13-year October record of higher closes in 10 of those years, a backdrop market watchers have tied to the bull case. That monthly breadth is the sharpest contrast with the daily picture, where four of twelve assets were flat and three bled cash.

A wider weekly read from Farside Investors puts Friday's session in context: for Sep. 28–Oct. 2, U.S. Bitcoin (BTC) ETFs took in a provisional $82.9 million, down sharply from $2.39 billion the prior week, while Ethereum funds flipped to $118 million of net outflows after a $689.8 million intake the week before. The weekly total excludes BlackRock's IBIT, whose Friday entry was still blank alongside ETHA and ETHB when the data was checked Oct. 3; IBIT had added $292 million across Monday through Thursday, including $195.6 million on Oct. 1. Fidelity's FBTC swung to $167.9 million of weekly outflows despite its Friday gain, with GBTC shedding $54.6 million and BITB $38.6 million, while ARKB added $25.5 million and MSBT $9.4 million. On the altcoin side, Solana funds took in just $800,000 for the week versus $188.1 million previously, Hyperliquid gained $3.4 million, and Zcash's ZCSH lost $77.6 million, including a $30.2 million Wednesday withdrawal.

On-chain analytics firm Arkham shared data on Oct. 3 showing BlackRock's IBIT bought a net $1.57 billion of Bitcoin over the trailing month, taking the fund's holdings past the 800,000 BTC threshold. At roughly $67.87 billion, those coins represent about 3.8% of Bitcoin's fixed 21 million supply, and the figure sits alongside the $292 million IBIT added Monday through Thursday that the weekly tally excludes. The assets are held on behalf of IBIT shareholders rather than as a BlackRock proprietary position, and the basket keeps growing: the fund's BTC count rose even as its dollar value tracks the spot price. Continued net creations through the ETF would tighten the liquid supply further, while a reversal in flows would work through the same channel as a source of selling.

The broader October setup carries new reference points for the flows above. Fidelity's global macro director Jurrien Timmer's long-range model puts Bitcoin at $300,000 by 2029, while JPMorgan analysts flag roughly $85,000 as the key production-cost reference, a level that varies with network difficulty, electricity prices and hardware efficiency. On the flow side, U.S. spot Bitcoin ETFs pulled $2.4 billion in the week ending Sep. 25, the strongest weekly intake since October 2025, and cumulative inflows across the products have reached $4.9 billion since Aug. 19. Rising bond yields and profit-taking capped the price response, with Bitcoin trading near $83,000 to $84,000 at September's close after briefly clearing $87,000 during the month.

COINOTAG's proprietary 42-indicator composite S/R scoring engine rates the $86,574.67 resistance at 83/100, a confluence of the Fibo 0.000, Donchian upper band, swing high and R1 pivot, while the $84,891.50 level scores a stronger 60/100 on the Ichimoku Tenkan, MACD cross and pivot point. The $84,021.79 support just beneath spot rates 67/100 on the EMA 20, ATR lower band, swing low and BB middle, and the deeper $81,122.03 shelf scores 80/100 on the Ichimoku Kijun, Fibo 0.214, an LVN and EMA 50, making it the level that would challenge the bullish case if lost. Our support and resistance levels keep the uptrend intact while price holds above $84,021.79. Derivatives positioning leans mildly cautious: the perpetual funding rate prints -0.0020%, open interest stands at $16.13 billion, and the long/short account ratio reads 1.24, with 55.5% of accounts long. RSI sits at 63.97 and the MACD signal is bearish, while the Fear and Greed Index holds 67/100, a Greed reading.

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