Ether ETFs have now seen five consecutive days of inflows, adding $18.11 million, while bitcoin ETFs recorded a net inflow of $66.37 million.
Bitcoin ETFs Gain $66 Million While Ether ETFs Extend Five-Day Streak With $18 Million Inflows
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Bitcoin ETFs See Another Day of Gains While Ether ETFs Mark Five Days of Inflows
Bitcoin and ether exchange-traded funds (ETFs) continued to draw investor interest on Wednesday, Feb. 5, with bitcoin ETFs pulling in a net inflow of $66.37 million, while ether spot ETFs extended their hot streak with $18.11 million in fresh capital. According to data from Sosovalue, this marks the fifth consecutive day of positive flows for Ethereum-based ETFs.
Blackrock’s IBIT led the charge for bitcoin ETFs, securing $44.35 million in new investments and pushing its total net assets past $57.12 billion. Wisdomtree’s BTCW saw a substantial inflow of $11.38 million after a long period of no inflows or outflows. Fidelity’s FBTC rounded up the gainers, with the fund pulling in $10.65 million. All other bitcoin ETFs remained neutral.
Ether ETFs, meanwhile, kept their momentum going. Fidelity’s FETH saw the highest inflow at $20.06 million, further strengthening its position with $1.26 billion in net assets. Grayscale’s ETH added another $5.21 million, while the only outflow came via Grayscale’s ETHE shedding $7.16 million.
With bitcoin ETFs maintaining steady inflows and ether ETFs on a five-day streak, investor sentiment toward crypto-based financial products appears optimistic. So far in February, bitcoin ETFs have netted $172.66 million, while ether ETFs have accumulated $409.42 million with investors currently showing a preference for ether ETFs.
Whether this trend continues will depend on market conditions, macroeconomic factors, and broader institutional interest in crypto investment vehicles.
