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Ethereum slides under $4,150 and spot ETFs break eight-day positive inflow streak

The token touched $4,750 earlier this week.

After eight days of consecutive positive inflows totaling just under $2 billion, spot ethereum ETFs trading in the US broke the streak on Thursday, which saw $8.5 million leave the funds.

The roughly $39.3 million inflows from BlackRock’s iShares Ethereum Trust ETF were offset by outflows from five different spot ethereum ETFs, data from SoSoValue shows.

The outflows come as the price of the second-largest cryptocurrency is trading under $4,150 amid a broad market sell-off following a Truth Social post from President Trump threatening a “massive increase” of tariffs against China.

Meanwhile, ethereum treasury firms scooped up more tokens this week:

Bit Digital purchased 31,057 ethereum tokens, bringing the firm’s cumulative holdings to 150,244 tokens.
On-chain data shows BitMine Immersion Technologies added 23,823 ethereum tokens to its blockchain address, helping the company get closer to its goal of amassing 5% of the cryptocurrency’s total supply.
Cosmos Health Inc., which secured a $300 million financing facility to jumpstart a digital treasury reserve, announced on Friday that it acquired $500,000 worth of ethereum.

In other ethereum news, polygon, a blockchain network in the ethereum ecosystem, activated its upgrade focused on mainnet payments. The upgrade aims to make the network faster and more efficient through the use of a new block production architecture that enables roughly 5,000 transactions per second, according to a Wednesday blog post. Popular prediction markets platform Polymarket is built on polygon.

Solana ETFs listings delayed as JPMorgan predicts the funds to net $1.5 billion in first year

JPMorgan analysts noted that “solana is not perceived by investors the same way as ethereum as the main DeFi/smart contract cryptocurrency.”

Yaël Bizouati-Kennedy6h

David Crowther10/9/25

BlackRock’s bitcoin ETF is on the cusp of $100 billion in assets, a milestone it will have achieved in less than two years

While VOO might be the largest ETF in the world, IBIT — BlackRock’s iShares Bitcoin Trust ETF — is the fastest-growing. And the bitcoin-centered product is on the cusp of a major milestone, reporting that it now holds 802,257 BTC, putting it within a whisker of hitting $100 billion in assets (worth roughly $99 billion in good old-fashioned USD at the time of writing).

Considering that BlackRock’s iShares Bitcoin Trust launched only 636 days ago, that’s a remarkable speedrun, as individual and institutional investors have embraced cryptocurrency via the exchange-traded fund. For context, VOO took over 2,900 days to hit the same milestone (about eight years).

VOO vs. IBIT spead to $100 billion assets under management — Sherwood News

As noted in a great piece by Robin Wigglesworth in the Financial Times, IBIT is now a major money-spinner for one of the biggest stalwarts of TradFi. As the largest exchange-traded product in the crypto space, and with a not insignificant expense ratio of 0.25%, the ETF is pulling in somewhere in the region of $250 million of revenue for its asset manager parent company. As Wigglesworth puts it:

“Anyway, it’s heartwarming to see that one of the companies profiting the most from an anarchical, decentralised invention supposedly designed to reorder the global financial system is... BlackRock.”

Yaël Bizouati-Kennedy10/8/25

Bitcoin ETFs take in more than $2 billion in two days

Bitcoin is down 2.7% from its recent record which saw it passing $126,000, but bitcoin ETFs are still hot.

The ETFs have already amassed more than $2 billion this week, on track to surpass last week’s $3.2 billion in inflows. In total, bitcoin ETFs have just under $165 billion in assets under management, representing 6.78% of the total market cap, SoSoValue data shows.

BlackRock’s iShares Bitcoin Trust by far took the lion’s share, with $1.8 billion of inflows. The fund is also close to $100 billion in assets, despite not even being 2 years old.

Bitwise CEO Matt Hougan said in a note, “The stars are aligned for a very strong Q4 for flows — more than enough to push us to a new record,” in part thanks to the “debasement trade.”

Yaël Bizouati-Kennedy

Uptober

10/7/25

Bitcoin and its spot ETFs continue to hit new records

On Monday, bitcoin crossed $126,000 for the first time while bitcoin ETFs saw $1.2 billion in inflows.

10%

Sage D. Young10/7/25

Ethereum treasury companies and ETFs hold more than 10% of the cryptocurrency’s total supply of 120.7 million tokens.

Corporate firms own roughly 5.7 million, while ethereum reserves for ETFs stand at 6.8 million tokens, worth more than $59 billion, per data from analytics platform StrategicETHReserve.xyz.

BitMine Immersion Technologies and SharpLink Gaming have taken the top spots among treasury entities, amassing about 3.7 million ethereum tokens worth roughly $17.4 billion. SharpLink Gaming recently announced that its unrealized profits have reached $900 million since the rollout of its ethereum treasury strategy in June.

Meanwhile, BlackRock’s iShares Ethereum Trust ETF has secured the lead among spot ethereum ETFs with $18.6 billion in net assets. So far in October, $803.1 million of inflows have collectively entered the investment vehicles.

Ethereum slides under $4,150 and spot ETFs break eight-day positive inflow streak

More Crypto

Solana ETFs listings delayed as JPMorgan predicts the funds to net $1.5 billion in first year

BlackRock’s bitcoin ETF is on the cusp of $100 billion in assets, a milestone it will have achieved in less than two years

Bitcoin ETFs take in more than $2 billion in two days

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