Crypto ETFs Net $1.2 Billion Amid Shifting Macro Sentiment

According to Farside Investors, spot Bitcoin ETFs captured $986.7 million in net inflows, a 6.7% increase over the prior week. BlackRock’s products led the sector with $691.5 million, while ARK Invest and 21Shares’ ARKB added $137.7 million. Activity peaked on Sept. 3, when crypto prices rebounded following comments from Federal Reserve Governor Christopher Waller regarding potential interest rate stability. Despite the surge, cumulative inflows into the U.S. spot Bitcoin market have reached approximately $55.69 billion.

Ethereum ETFs recorded a more modest $215.3 million in weekly inflows, reflecting a 73.6% decline compared to the previous week. BlackRock’s ETHA and ETHB products drove the sector’s performance, securing a combined $218.2 million, which effectively offset outflows from competing funds like Grayscale’s ETHE. By the end of the period, cumulative net inflows for Ethereum ETFs stood at $13.19 billion.

This crypto-specific interest stands in stark contrast to conventional U.S. equity funds, which saw $11.12 billion in withdrawals during the same timeframe. Investors remain focused on upcoming economic indicators, specifically the Sept. 11 consumer price index report and the Federal Reserve’s policy decision on Sept. 16. While August's nonfarm payroll increase of 162,000 dampened some optimism regarding immediate rate cuts, the consistent demand for crypto ETFs suggests that investors are currently favoring digital assets as a hedge against broader market volatility.