Bitcoin ETFs continued their bullish momentum on Friday, with an additional $380 million in inflows. Ether ETFs also performed strongly, attracting $104 million, marking their best daily performance in months.
Bitcoin and Ether ETFs Shine With Back-to-Back Inflows
This article was published more than a month ago. Some information may no longer be current.
WRITTEN BY
SHARE
Bitcoin ETFs Add $380 Million As Ether ETFs Record Biggest Daily Inflow Since February
Crypto investors showed no signs of slowing down as bitcoin and ether exchange-traded funds (ETFs) closed out the week on Friday, April 25, with another massive haul of fresh capital. Bitcoin ETFs attracted $379.99 million in net inflows, marking yet another day of strong momentum.
Blackrock’s IBIT led the way with a $240.15 million influx, extending its dominance. Fidelity’s FBTC wasn’t far behind, pulling in $108.04 million. Grayscale’s BTC added $19.87 million, while Ark 21Shares’ ARKB and Vaneck’s HODL rounded things out with $11.39 million and $8.08 million, respectively. The only blemish was a modest $7.53 million outflow from Grayscale’s GBTC.
Trading activity remained vibrant with a total value of $3.31 billion, and total net assets climbed to $109.27 billion, teasing with fresh record territory.
Ether ETFs also had a stellar session, raking in $104.16 million in net inflows, their strongest day in recent months. Blackrock’s ETHA brought in $54.43 million, Fidelity’s FETH collected $35.94 million, and Grayscale’s ETH added $10.20 million.
Smaller but notable contributions of $1.80 million each came from Bitwise’s ETHW and Invesco’s QETH. Importantly, no outflows were recorded across the nine active ether ETFs. Total trading volume for ether ETFs hit $311.70 million, with net assets rising to $6.14 billion.
With both bitcoin and ether ETFs firing on all cylinders, bullish sentiment appears to be firmly back in control of the crypto markets.
