Blackrock, Fidelity, Ark 21shares Fuel $667 Million Surge in Bitcoin ETFs

CN
3 hours ago

Bitcoin ETFs Rally With Fourth Straight Day of Gains; Ether ETFs Add $13 Million

The week kicked off with a bang for crypto exchange-traded funds (ETFs). Bitcoin ETFs posted a staggering $667 million in net inflows, pushing their winning streak to four consecutive trading days. Market optimism was clear, with only one outflow across the board.

Blackrock’s IBIT once again led the charge, pulling in $305.92 million, nearly half of the total. Fidelity’s FBTC followed with $188.08 million, and ARK 21shares’ ARKB raked in $155.25 million, underscoring renewed institutional appetite.

Blackrock, Fidelity, Ark 21Shares Fuel $667 Million Surge in Bitcoin ETFs

Source: Sosovalue

Bitwise’s BITB added $16.02 million, while Vaneck’s HODL chipped in $7.44 million. The only outflow came from Invesco’s BTCO, which saw a modest $5.27 million withdrawal. Total value traded for bitcoin ETFs reached $3.63 billion, with net assets climbing to $124.97 billion, a clear indicator of rising investor confidence.

Meanwhile, ether ETFs quietly followed suit, notching a $13.66 million inflow, all sourced from Blackrock’s ETHA. No outflows were reported from any of the nine Ether ETF products, suggesting a cautious yet positive stance among traders. Total volume came in at $468.73 million, with net assets closing at $8.72 billion.

With bitcoin ETF momentum surging and ether ETFs stabilizing, all eyes are now on how long this bullish trend can hold.

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