BlackRock Flows Lift Bitcoin, Ether ETFs in Multi-Day Run

BlackRock-led inflows pushed Bitcoin ETFs to $26.05 million in net new capital and Ether ETFs to $18.02 million during the most recent trading session, extending Bitcoin’s three-day and Ether’s six-day inflow streaks. BlackRock’s iShares Bitcoin Trust (IBIT) captured $81.71 million of the Bitcoin inflows.

The Bitcoin ETF group showed mixed internal flows. IBIT led with $81.71 million, Grayscale’s Bitcoin Mini Trust added $16.67 million and Morgan Stanley’s MSBT took in $13.36 million. Offsetting those gains were outflows from Fidelity’s FBTC of $35.99 million, Ark & 21Shares’ ARKB of $27.41 million and Grayscale’s GBTC of $22.28 million. Trading volume for Bitcoin ETFs was $2.29 billion and total net assets rose to $97.90 billion. Over the three-day stretch, Bitcoin ETFs accumulated about $623 million in inflows.

Ether ETFs recorded $18.02 million of net inflows. BlackRock’s ETHA led Ether flows with $30.51 million and Grayscale’s Ether Mini Trust added $6.72 million. Those gains were partly offset by outflows from Grayscale’s ETHE of $16.68 million and Bitwise’s ETHW of $2.52 million. Ether ETF trading volume was $701.47 million and net assets totaled $13.69 billion.

XRP ETFs added $11.87 million across three products: Bitwise’s XRP fund led with $7.16 million, Franklin’s XRPZ added $3.16 million and Canary’s XRPC took $1.55 million. XRP ETF trading volume was $19.70 million and net assets reached $1.08 billion. Solana ETFs posted $15.50 million in inflows, all to Bitwise’s Solana product; trading volume was $44.60 million and net assets rose to $891.75 million.

Flows were concentrated in a small number of large Bitcoin funds, more broadly distributed across Ether products, and concentrated in single products for some smaller assets. Market participants track daily flows and trading volume for exchange-traded crypto products.