ETF Flows Recap
Spot crypto ETFs absorbed +$340.6M ↑ in Friday's settled session, according to InflowScan data. Monday's issuer reports have not yet published — the flow picture below reflects the most recent fully-settled tape, with newer data still working through issuer pipelines.
Bitcoin products drove the bid. ARK Invest's ARKB led all funds at +$137.7M ↑, its largest single-session take in several weeks, with BlackRock's IBIT close behind. On the ether side, BlackRock's ETHA pulled in +$59.2M ↑, partially offset by a -$48.3M ↓ redemption from Fidelity's FETH — a split within the ETH complex that InflowScan data suggests is more consistent with issuer-level rotation than a directional ETH view.
- ARKB (ARK Invest): +$137.7M ↑
- IBIT (BlackRock): +$120.0M ↑
- ETHA (BlackRock): +$59.2M ↑
The solana ETF complex logged modest net outflows, with BSOL and FSOL both leaking capital. That runs against SOL's spot tape, which finished the week up 9.2%, and points to fund-level profit-taking rather than a shift in underlying demand.
Market Overview
The Friday flow print did not carry cleanly into weekend price action. Bitcoin drifted 1.2% lower over the last 24 hours to $79,420, and ether gave back 1.0% to $2,490. The divergence between a strong settled-flow tape and a softer spot open suggests weekend positioning trimmed ahead of Monday's US session rather than a repricing of the institutional bid itself.
Asset Price Analysis
BTC trades at $79,420, off 1.2% on the day and 0.6% on the week, but still up 13.7% over 30 days. The $80,000 handle, reclaimed convincingly in late August, has flipped from resistance to a level bulls now need to defend on the reopen. A close back above it would restore the prior range; sustained trade below opens air down to the $77,500 zone that acted as support in the mid-August consolidation.
ETH at $2,490 is the softer read of the majors, down 3.7% on the week and lagging its 30-day comp at +3.7%. The FETH redemption alongside ETHA's inflow makes the ether flow picture harder to read as a single signal — the net for the complex was positive, but concentration in one issuer.
SOL holds $104.99 after a 9.2% weekly advance and a 15.6% monthly gain, the strongest performer of the four majors despite the modest SOL-ETF outflows. XRP at $1.40 is off 1.7% on the day but retains a 1.7% weekly and 8.4% monthly gain.
Stablecoin Flows
Stablecoin supply was effectively flat over the last 24 hours, according to InflowScan data. USDC supply ticked down by roughly $14.7 million to $74.7 billion; USDT was unchanged at $183.4 billion. The absence of fresh mint activity over the weekend is consistent with a wait-and-see posture into Monday's cash open rather than a fresh capital deployment cycle.
Outlook
Monday's key watch-items: whether BTC reclaims the $80,000 handle on the US open, and whether the fresh issuer flow prints — due to settle overnight into Tuesday's tape — extend Friday's inflow streak or mark it as a one-session pulse. The ARKB versus IBIT split at the top of the bitcoin leaderboard is worth tracking; historically, sessions where a non-BlackRock product leads have been associated with broader participation across the issuer complex rather than a single-desk allocation. On the ether side, whether FETH's redemption reverses will help clarify whether Friday's split reflects genuine issuer preference or a one-off rebalance. Stablecoin mint activity through the European session is the other early tell for whether sidelined capital is being staged for deployment.