Crypto ETF Momentum Holds: Bitcoin Adds $80 Million, Ether Nets $46 Million

CN
5 hours ago

Bitcoin ETFs Extend Green Streak As Ether ETFs Hit $11 Billion in Net Assets

Investor appetite for digital asset ETFs stayed firm as markets moved into Tuesday, July 8, with both bitcoin and ether ETFs reporting healthy inflows and zero outflows.

Bitcoin ETFs notched an $80.08 million net inflow, marking another day of consistent institutional demand. Blackrock’s IBIT was the standout, securing $66.81 million, followed by Grayscale’s Bitcoin Mini Trust with $4.82 million, Fidelity’s FBTC with $4.75 million, and Valkyrie’s BRRR bringing in $3.69 million.

Crypto ETF Momentum Holds: Bitcoin Adds $80 Million, Ether Nets $46 Million

Source: Sosovalue

No outflows were recorded, underscoring broad bullish sentiment. Trading activity held steady at $2.28 billion, while net assets climbed to $136.75 billion.

Ether ETFs also continued their positive streak, banking $46.63 million in net inflows. Blackrock’s ETHA remained the top draw, adding $25.29 million, followed by Grayscale’s Ether Mini Trust and ETHE, with $9.35 million and $7.78 million, respectively.

Bitwise’s ETHW closed out the day with $4.87 million in inflows. A small redemption of $652.37k happened on Fidelity’s FETH, but it had little effect on the good inflows. Total value traded came in at $652.46 million, and net assets pushed past a key milestone to settle at $11.03 billion.

The persistence of daily inflows, even modest ones, signals robust confidence in the long-term thesis for both bitcoin and ether ETFs.

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