Bitcoin ETFs Bounce Back After Midweek Dip With $108 Million Inflow
Markets and Prices
Emmanuel Musa
Bitcoin ETFs Bounce Back After Midweek Dip With $108 Million Inflow
Bitcoin ETFs snapped back with a $108 million inflow on Thursday, April 17, recovering nearly two-thirds of the prior day’s outflow thanks to strong entries into Blackrock and Fidelity products. Ether ETFs, meanwhile, were frozen in place with no net flows.
Bitcoin ETFs Bounce Back After Midweek Dip With $108 Million Inflow
Blackrock and Fidelity Lead Bitcoin ETFs Rebound
A day after hemorrhaging $170 million, bitcoin ETFs found their footing again with a sharp $107.83 million inflow, an encouraging sign for bulls seeking stability in a choppy market. Only 3 of the 12 U.S. spot bitcoin ETFs saw any movement, but those few did the heavy lifting.
Blackrock’s IBIT dominated the action with $80.96 million in new capital. Fidelity’s FBTC followed with $25.90 million in inflows, signaling renewed interest after its steep midweek outflow. Rounding things out was a rare entry for Hashdex’s DEFI ETF, which added a modest $965.51k to its fund.
Bitcoin ETFs Bounce Back After Midweek Dip With $108 Million Inflow
Source: Sosovalue
The rest of the ETF cohort sat idle, showing no inflow or outflow activity. Total trading volume clocked in at $1.55 billion, and total net assets for bitcoin ETFs rose to $94.51 billion by the end of the session.
On the ether side, it was a day of still waters. All 9 U.S. spot ether ETFs recorded zero net flow, no inflows, and no outflows. While the lack of red may seem like a relief after 7 days of consecutive losses, it also reflects a wait-and-see mood among ether investors.
As the week winds down, market participants keep a close eye on capital flows. For now, bitcoin shows signs of resilience, but ether continues to hover in neutral.
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