BlackRock IBIT Leads $131M Bitcoin ETF Inflows

BlackRock’s IBIT drew $144.10 million as spot bitcoin ETFs posted $131.31 million in net inflows and trading volume rose to $2.76 billion on Thursday.

On Thursday, spot bitcoin exchange-traded funds recorded $131.31 million in net inflows. BlackRock’s IBIT attracted $144.10 million and total trading volume across bitcoin ETFs reached $2.76 billion.

The inflows followed two heavy-selling sessions earlier in the week. Six bitcoin funds ended the day with net inflows while four posted net outflows. Bitwise’s BITB added $17.70 million and Grayscale’s Bitcoin Mini Trust took in $12.60 million. Smaller inflows were recorded at Vaneck’s HODL, Morgan Stanley’s MSBT and Fidelity’s FBTC. Total net assets across spot bitcoin ETFs rose to $107.75 billion.

Grayscale’s GBTC led withdrawals with $31.64 million in outflows. Franklin’s EZBC, Ark & 21Shares’ ARKB and Invesco’s BTCO also posted net redemptions. Trading activity increased, with daily turnover in bitcoin ETFs at $2.76 billion.

Ether ETFs posted net outflows for a fourth straight session, losing $5.65 million. BlackRock’s ETHA accounted for the largest withdrawals at $13.21 million, and BlackRock’s ETHB saw $3.55 million leave. Fidelity’s ether product attracted $6.88 million, while Vaneck’s ETHV and Franklin’s EZET added smaller inflows. Ether ETF trading volume reached $600.91 million and total net assets stood at $13.45 billion.

XRP ETFs received $18.25 million in net inflows. Bitwise’s XRP fund led the category with $7.01 million, Franklin’s XRPZ took in $6.64 million and Canary’s XRPC added $4.87 million. XRP ETF trading totaled $46.78 million and net assets rose to $1.25 billion.

Solana-linked ETFs added $6.51 million, with Bitwise’s BSOL contributing $3.77 million and Fidelity’s FSOL $2.73 million. Solana ETF trading was $46.94 million and net assets closed at $1.05 billion.

During the session, flows favored spot bitcoin funds while ether ETFs had net outflows and capital moved into XRP and Solana products.

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