Bitcoin, Ether ETFs Add $220 Million as Blackrock Leads Again

CN
bitcoin.com
16 days ago

Key Takeaways

  • Blackrock’s IBIT led $128.69M into bitcoin ETFs Thursday, extending inflows to 4 days.
  • Ether ETFs added $92.15M as Blackrock’s ETHA drew $81.14M, reinforcing demand for top crypto funds.
  • HYPE gained $2.84M while Solana lost $859,450, testing whether altcoin demand broadens next week.

Capital continued to flow into the largest crypto ETFs as the week progressed. Bitcoin funds added another nine-figure haul, ether demand strengthened sharply, and several altcoin products found fresh buyers.

The broad tone remained constructive across the market, although solana ETFs slipped into a modest outflow.

Bitcoin ETFs recorded $128.69 million in net inflows across six funds. Blackrock’s IBIT once again carried most of the load, attracting $128.33 million. Morgan Stanley’s MSBT added $14.94 million, while Fidelity’s FBTC brought in $11.20 million.

Grayscale’s GBTC and Bitcoin Mini Trust contributed $7.48 million and $6.83 million, respectively. Bitwise’s BITB added another $1.75 million. Withdrawals from two funds partially reduced those gains. Vaneck’s HODL lost $32.77 million, while Valkyrie’s BRRR recorded a $9.07 million outflow.

Bitcoin, Ether ETFs Add $220 Million as Blackrock Leads Again

Four days of inflows for bitcoin ETFs worth $755 million. Source: Sosovalue.

Total bitcoin ETF trading value reached $1.36 billion. Combined net assets closed at $78.77 billion. The latest inflow extended Bitcoin’s streak to four sessions.

Austrian economist and investment manager Lawrence Lepard highlighted the durability of ETF ownership during the broader market decline. He noted that while bitcoin ETF values have fallen sharply from their peak, total shares outstanding have declined by far less, suggesting limited net selling among holders.

Ether ETFs produced one of the day’s strongest results, drawing $92.15 million across five funds.

Blackrock’s ETHA dominated with an $81.14 million inflow. Grayscale’s Ether Mini Trust and ETHE added $4.55 million and $3.07 million, respectively. Blackrock’s ETHB received $1.96 million, while Fidelity’s FETH added $1.42 million. No Ether ETF posted an outflow.

Total ether ETF trading value reached $435.46 million, with net assets closing at $10.64 billion.

XRP ETFs also returned to positive territory with $3.45 million in inflows. Bitwise’s XRP fund attracted $2.89 million, while Franklin Templeton’s XRPZ added about $562,000. Net assets ended at $964.21 million.

HYPE ETFs extended their recovery with a $2.84 million inflow into Bitwise’s BHYP. Trading value reached $5.10 million, while net assets closed at $265.04 million.

Solana ETFs moved the other way. Fidelity’s FSOL recorded an $859,450 outflow, leaving combined net assets at $857.24 million.

Thursday’s flows reinforced the week’s strongest theme: institutional demand remains concentrated in bitcoin and ether, with Blackrock continuing to capture the largest share of new capital.

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