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Bitcoin and Ether ETFs Shine With Back-to-Back Inflows

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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.

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Bitcoin and Ether ETFs Shine With Back-to-Back Inflows

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.

Bitcoin and Ether ETFs Shine With Back-to-Back Inflows
Source: Sosovalue

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.

About the author

WRITTEN BYEmmanuel Musa

Emmanuel Musa is a financial journalist and crypto analyst based in Africa.