Bitcoin ETF Streak Ends With $359 Million Outflow as Ether ETFs Keep Momentum

CN
1 day ago

Bitcoin ETFs End 10-Day Inflow Streak as Ether ETFs Push to Day 9 With $92 Million Inflow

After 10 days of relentless inflows, bitcoin exchange-traded funds (ETFs) hit a roadblock. The streak ended with a $358.65 million net outflow, the result of broad exits across eight major funds.

Fidelity’s FBTC led the exodus with a $166.32 million pullback, followed by Grayscale’s GBTC ($107.53 million) and Ark 21Shares’ ARKB ($89.22 million). Additional red prints showed up at Bitwise’s BITB ($70.85 million), Invesco’s BTCO ($20.05 million), Vaneck’s HODL ($11.98 million), Valkyrie’s BRRR ($11.67 million), and Franklin’s EZBC ($6.13 million).

The lone green light came from Blackrock’s IBIT, bringing in $125.09 million. Despite the heavy outflows, trading activity hit a significant $5.39 billion, with net assets slightly dipping to $128.13 billion.

Bitcoin ETF Streak Ends With $359 Million Outflow as Ether ETFs Keep Momentum

Source: Sosovalue

In contrast, ether ETFs extended their inflow momentum to a 9th consecutive day, securing $91.93 million. The lion’s share came from Blackrock’s ETHA ($50.45 million) and Fidelity’s FETH ($38.31 million), supported by Bitwise’s ETHW ($4.55 million) and Grayscale’s Ether Mini Trust ($3.24 million).

A minor $4.62 million outflow was logged by Grayscale’s ETHE, but it barely dented the day’s net gains. Ether ETF trading volumes reached $552.39 million, with total net assets climbing to $9.63 billion.

Despite bitcoin ETFs cooling off, institutional appetite for crypto exposure, especially in ether products, remains firm.

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