Crypto ETF Flows Split: Bitcoin Adds $228 Million While Ether Sees $26 Million Exit
Emmanuel Musa
Markets and Prices
Bitcoin exchange-traded funds (ETFs) notched their 13th straight day of inflows with $228 million in fresh capital, led by Blackrock’s IBIT. Meanwhile, ether ETFs stumbled into the red, posting a $26.46 million net outflow.
Bitcoin ETFs Extend Winning Streak to 13 Days With $228 Million Inflow
The rally in U.S. spot bitcoin ETFs pushed into its 13th consecutive day, raking in $228.15 million in net inflows. Once again, Blackrock’s IBIT led the pack, securing $163.72 million, cementing its position as the institutional favorite.
Other contributors included Fidelity’s FBTC with $32.85 million, and Bitwise’s BITB, which added $25.16 million. Smaller but notable inflows came from Franklin’s EZBC ($3.11 million), Ark 21shares’ ARKB ($1.79 million), and Valkyrie’s BRRR ($1.52 million). Daily trading volume for the group stood at $2.18 billion, with total net assets holding steady at $133.53 billion.
Crypto ETF Flows Split: Bitcoin Adds $228 Million While Ether Sees $26 Million Exit
Source: Sosovalue
But the optimism didn’t spill over to the ether ETF camp. Ether products saw their recent inflow streak broken with a $26.46 million net outflow.
Despite Blackrock’s ETHA, Fidelity’s FETH, and Bitwise’s ETHW drawing $5.89 million, $4.87 million, and $2.62 million respectively, Grayscale’s ETHE and Ether Mini Trust dragged the total down with outflows of $27.45 million and $12.39 million.
Ether ETF trading totaled $301.56 million, while assets under management dipped slightly to $9.90 billion. With bitcoin ETFs continuing to shine and ether ETFs taking a breather, investor preference appears clearly tilted, at least for now.
Welcome to Billionaire Club Co LLC, your gateway to a brand-new social media experience! Sign up today and dive into over 10,000 fresh daily articles and videos curated just for your enjoyment. Enjoy the ad free experience, unlimited content interactions, and get that coveted blue check verification—all for just $1 a month!
Account Frozen
Your account is frozen. You can still view content but cannot interact with it.
Please go to your settings to update your account status.
Open Profile Settings