Bitcoin ETFs Extend Winning Streak With $302 Million Inflows as Ether ETFs 19-Day Run Ends

CN
5 hours ago

Bitcoin ETFs Stay Green for 5th Straight Day With Ether ETFs Seeing $2 Million Exit

The week of June 9 to June 13 closed with a steady hand from bitcoin ETF investors, as funds racked up a 5th straight day of inflows totaling $301.62 million, showing renewed institutional confidence in the flagship digital asset.

The day belonged to Blackrock’s IBIT, which once again led the charge with an impressive $238.99 million inflow. Fidelity’s FBTC wasn’t far behind, adding $25.24 million, while Bitwise’s BITB and Grayscale’s GBTC contributed $14.88 million and $9.11 million, respectively.

Smaller but positive flows from Grayscale’s Bitcoin Mini Trust ($7.45 million) and Vaneck’s HODL ($5.95 million) rounded off the green day. Notably, no bitcoin ETF recorded outflows, capping a bullish trading week. Total value traded hit $3.12 billion, with net assets settling at $127.96 billion.

Bitcoin ETFs Extend Winning Streak With $302 Million Inflows As Ether ETFs 19-Day Run Ends

Bitcoin ETFs 5 days of successive inflows. Source: Sosovalue

However, the picture was more mixed for ether ETFs. Their remarkable 19-day historic inflow streak ended with a modest $2.18 million net outflow.

Grayscale’s Ether Mini Trust brought in $6.67 million, which was eclipsed by a $8.85 million outflow from Fidelity’s FETH, tipping the net balance into the red. Total value traded for ether ETFs remained elevated at $548.63 million, while net assets held firm at $10.03 billion.

As the crypto ETF market resumes in the new week, bitcoin remains the clear institutional favorite while ether sees its bullish momentum take a slight pause.

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