U.S. spot crypto exchange-traded funds recorded another heavy inflow session on September 22, with Bitcoin, Ether and Solana products attracting a combined $905.8 million, according to finalized Farside Investors data.
Bitcoin ETFs dominated with $714.7 million of net inflows, following the exceptional $999 million recorded on September 21. Ether funds added another $162.2 million, while Solana ETFs received $28.9 million.
The session extends a sharp reversal from the heavy redemptions seen earlier this month. Bitcoin funds lost $450.4 million on September 15 and another $295.9 million on September 16 before returning to inflows on September 17. Since then, demand has accelerated substantially.
BlackRock and Fidelity Lead Another $715 Million Bitcoin Day
BlackRock’s IBIT remained the largest source of Bitcoin demand, attracting $350.3 million on September 22. Fidelity’s FBTC followed with $257.4 million, while Morgan Stanley’s MSBT recorded $99 million — its largest daily inflow since launch.
Grayscale’s lower-fee Bitcoin Mini Trust added $5 million, VanEck’s HODL received $2.4 million and ARK 21Shares’ ARKB added $600,000. Bitwise’s BITB, Invesco’s BTCO, Franklin Templeton’s EZBC, Valkyrie’s BRRR, WisdomTree’s BTCW and Grayscale’s GBTC were flat.
Importantly, no Bitcoin fund reported a net outflow.
The $714.7 million total was lower than Monday’s $999 million but still represents substantial buying. Across September 21 and 22 alone, Bitcoin ETFs absorbed $1.714 billion. Adding Friday’s $433 million brings inflows over the latest three sessions to approximately $2.147 billion.
Cumulative net inflows into U.S. Bitcoin ETFs have now reached approximately $56.94 billion, according to Farside.
The sustained demand comes after Bitcoin surged above $87,000 earlier this week, its highest level since January, before giving back part of the move. The latest flows indicate ETF buying continued even after the initial price breakout.
Ether and Solana Funds Extend Their Recovery
Ether ETFs also remained firmly positive, taking in $162.2 million after attracting $270 million a day earlier.
BlackRock’s ETHA led with $88.1 million, followed by Fidelity’s FETH at $33.6 million and Grayscale’s Ethereum Mini Trust with $27.3 million. Grayscale’s higher-fee ETHE added $10.4 million, while BlackRock’s staking-enabled ETHB attracted $2.8 million. No Ether ETF recorded an outflow.
The two-day Ether total therefore reached $432.2 million, lifting cumulative net inflows to approximately $13.71 billion.
Solana ETFs continued their own positive run with $28.9 million of net inflows, slightly above Monday’s $26 million. Bitwise’s BSOL accounted for $26.4 million, Fidelity’s FSOL added $700,000 and Grayscale’s GSOL attracted $1.8 million.
Together, Bitcoin, Ether and Solana ETFs have now absorbed approximately $2.20 billion across September 21 and 22 alone.
The September 22 data therefore show that Monday’s near-$1.3 billion cross-crypto surge was not an isolated session. Although the pace moderated, institutional demand remained broad, with all three major crypto ETF categories finishing positive and no meaningful fund-level redemptions offsetting the new capital.
