Bitcoin and Ether ETFs Keep Momentum With $191 Million Combined Inflows
The crypto exchange-traded funds (ETF) rally rolled on Tuesday, April 29, with another wave of fresh capital flowing into both bitcoin and ether ETFs, extending a multi-day trend of renewed institutional interest.
Bitcoin ETFs brought in $173 million in net inflows, marking the 8th straight day of gains. For the second day in a row, Blackrock’s IBIT was the engine behind the surge, attracting a sizable $216.73 million in fresh funds. Offsetting some of the momentum were outflows from Bitwise’s BITB ($24.39 million), Ark 21Shares’ ARKB ($13.32 million), and Fidelity’s FBTC ($6.24 million).
Source: Sosovalue
The remaining ETFs sat quietly with no recorded movement. Still, it was enough to push total net assets past a new milestone, closing the day at $110.17 billion with a total trading volume of $2.01 billion.
Over in the ether camp, the mood stayed upbeat. Ether ETFs posted a fourth consecutive day of net inflows, totaling $18.40 million. Fidelity’s FETH captured the entirety of the inflow action with a $25.52 million haul, while Grayscale’s ETHE reported a $7.12 million outflow. All other funds remained neutral.
Total value traded across ether ETFs stood at $184.32 million, and total assets climbed modestly to $6.30 billion. Momentum remains strong on both sides, with bitcoin pushing deeper into inflow territory and ether ETFs gradually reversing weeks of red.
