Bitcoin ETFs Extend Inflow Streak Despite Mixed Flows While Ether ETFs Resume Outflows
Bitcoin ETFs marked their fourth straight day of inflows, narrowly holding ground with a $5 million net gain led solely by Blackrock’s IBIT. Meanwhile, ether ETFs fell back into outflow territory, shedding $17.6 million.
Momentum may have slowed, but it hasn’t stopped. Bitcoin ETFs registered a modest $5.10 million net inflow, hitting the fourth consecutive day of gains, thanks entirely to Blackrock’s IBIT, which attracted $69.41 million in fresh capital.
While IBIT kept the streak alive, the rest of the ETF pack pulled in the opposite direction. Grayscale’s GBTC saw the largest outflow at $32.93 million, followed by Bitwise’s BITB with $17.73 million, Fidelity’s FBTC with $11.11 million, and Invesco’s BTCO with $2.54 million. Total trading activity remained strong at $3.42 billion, while net assets for all bitcoin ETFs stood at $119.67 billion.
Source: Sosovalue
Ether ETFs, however, returned to familiar territory, posting $17.6 million in net outflows. The pressure came from just two funds: Grayscale’s ETHE, which lost $9.61 million, and Fidelity’s FETH, which saw $7.98 million exit the fund. No inflows were recorded across any of the nine ether ETFs. Trading volume was solid at $678.24 million, with total net assets closing at $8.46 billion.
As bitcoin ETFs continue their cautious climb, ether funds are again feeling the pinch. Whether this divergence continues remains to be seen, but for now, the streak lives on.