Bitcoin exchange-traded funds (ETFs) continued their recovery, posting a third consecutive day of inflows totaling $165 million, while ether ETFs broke records with their 18th straight day of gains, pulling in a remarkable $240.29 million.
Crypto ETFs Shine As Bitcoin and Ether Funds Attract Over $400 Million
The crypto ETF market kept its bullish rhythm on Wednesday, June 11, as both bitcoin and ether funds attracted significant investor interest, signaling persistent institutional confidence.
Bitcoin ETFs welcomed their third consecutive day of net inflows, with $164.57 million streaming into four major funds. Blackrock’s IBIT was once again the top destination, amassing $131.01 million, followed by Vaneck’s HODL with $15.39 million.
Fidelity’s FBTC contributed $11.87 million, and Franklin’s EZBC closed the inflow activity with $6.30 million. No funds recorded outflows. Total trading volume stood at $2.41 billion, with total net assets inching up to $131.85 billion.
Source: Sosovalue
But the spotlight once again shone brightest on ether ETFs. The segment smashed its record by logging its 18th consecutive day of inflows, this time pulling in a staggering $240.29 million across five funds.
Blackrock’s ETHA led by a wide margin, absorbing $163.64 million. Fidelity’s FETH followed with $37.28 million, while Grayscale’s Ether Mini Trust and its larger sibling ETHE added $19.61 million and $13.30 million, respectively.
Bitwise’s ETHW rounded out the inflows with $6.46 million. Total trading volume in ether ETFs soared to $830.98 million, and net assets rose firmly to $11.05 billion.
As ether ETFs stretch their record run and bitcoin inflows remain steady, market sentiment appears firmly optimistic heading into mid-June.
