Bitcoin ETFs Rally Led by ARKB and FBTC With Ether ETFs Still in Retreat
Bitcoin ETFs extended their recovery with an impressive $381 million in inflows, marking the second straight day of net gains. Ether ETFs, however, continued to struggle with more outflows.
Momentum returned to bitcoin ETFs in a big way on Monday, April 21, with $381.40 million in fresh capital pouring into the market. It was the second consecutive day of inflows, but this time, the bounce was more widespread and far more substantial.
Ark 21Shares’ ARKB led the surge with a standout $116.13 million inflow. Fidelity’s FBTC followed with $87.61 million, while Bitwise’s BITB and Blackrock’s IBIT pulled in $45.08 million and $41.62 million, respectively.
Grayscale’s funds also joined the action, with GBTC receiving $36.60 million and BTC adding $32.55 million. Vaneck’s HODL ($11.72M) and Franklin Templeton’s EZBC ($10.10M) rounded out the wave of green. Remarkably, no outflows were recorded from any of the 12 U.S. spot bitcoin ETFs.
Total trading volume spiked to $3.75 billion, while net assets closed just shy of the $100 billion milestone at $97.61 billion.
Meanwhile, ether ETFs remained caught in their downward drift. Another $25.42 million exited the space, entirely from Grayscale’s ETHE. No other fund saw activity, reflecting a quiet but persistent erosion in investor confidence. Total trading volume reached $213.57 million, with net assets closing at $5.21 billion.
As BTC ETFs continue to show renewed investor interest, ETH ETFs remain weighed down, with the stark divergence continuing to shape the ETF narrative.
