Fidelity Drives $433M Bitcoin ETF Surge as Bitcoin’s Price Tops $80K

Institutional money returned to crypto ETFs on Friday, Sept. 18, pushing a broad inflow across most major digital‑asset funds.

Bitcoin ETFs Lead with $433 M Inflows

Bitcoin‑focused ETFs attracted a total of $433.03 million in net new assets. Fidelity’s FBTC accounted for $310.72 million, BlackRock’s IBIT added $108.44 million, Bitwise’s BITB contributed $9.69 million, while VanEck’s HODL and Ark & 21Shares’ ARKB each added under $3 million. Daily trading volume for Bitcoin ETFs rose to $4.67 billion and total net assets climbed to $102.53 billion.

Ether, Solana and Zcash See Strong Demand

Ether ETFs recorded $143.80 million of inflows, led by BlackRock’s ETHA ($114.32 million) and Fidelity’s FETH ($26.24 million). Solana ETFs attracted $47.62 million, all flowing into Bitwise’s BSOL. Zcash ETFs added $37.67 million, primarily to Grayscale’s ZCSH, bringing ZEC‑related assets close to $915 million.

XRP ETFs Register Small Outflow

Only the XRP‑focused ETFs posted a net outflow, totaling $43,700, as Franklin’s XRPZ saw a modest inflow of $1.52 million while Bitwise’s XRP fund lost $1.56 million.

Market Context

Bitcoin’s price moved back above $80,000, coinciding with the ETF inflows. On‑chain metrics indicated continued buying pressure, with Glassnode reporting an entity‑adjusted SOPR above 1. Bloomberg’s Eric Balchunas noted that BlackRock’s IBIT ranked fifth by volume among all ETFs on the day, surpassing gold’s GLD.