BlackRock, Fidelity Drive Bitcoin ETFs to $14.8M Inflows
BlackRock’s IBIT and Fidelity’s FBTC led $14.8M net inflows to bitcoin ETFs; ether ETFs posted $23.6M in outflows, extending their fourth straight day of withdrawals.
In the latest trading session, bitcoin exchange-traded funds returned to net inflows of $14.76 million after three days of outflows. BlackRock’s IBIT drew $26.61 million and Fidelity’s FBTC took in $19.05 million, accounting for the headline gains. Ether ETFs recorded $23.64 million of net outflows, extending a four-day run of withdrawals.
Among bitcoin products, Valkyrie’s BRR led redemptions with $8.62 million, followed by Ark & 21Shares’ ARKB at $6.34 million and Grayscale’s GBTC at $5.94 million. Total trading in bitcoin ETFs was about $1.40 billion and the group’s aggregate net assets rose to $100.53 billion.
In the ether category, BlackRock’s ETHA posted the largest single outflow at $50.57 million. Offsetting some of that selling, BlackRock’s ETHB attracted $29.10 million and Grayscale’s Ether Mini Trust added $4.72 million. Other ether products, including Bitwise’s ETHW, Grayscale’s ETHE and Fidelity’s FETH, showed net redemptions. Trading volume across ether ETFs was about $339.87 million, and the group’s total net assets were roughly $13.25 billion.
Smaller asset categories also saw outflows. XRP ETFs lost $5.83 million, all tied to Bitwise’s XRP product; XRP ETF trading totaled $16.90 million and net assets stood at $1.04 billion. Solana ETFs recorded a $1.24 million outflow concentrated in Grayscale’s GSOL after three days with no reported activity, with Solana trading of $23.51 million and net assets of $849.48 million.
Bitcoin’s inflow day broke a three-session streak of withdrawals, while ether’s outflows extended to a fourth consecutive session. Trading activity was strongest in bitcoin ETFs and lower in the other categories during the session.
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