Crypto ETF Flows Split: Bitcoin Adds $228 Million While Ether Sees $26 Million Exit

CN
6 hours ago

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.

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