Bitcoin ETFs recorded a $65 million outflow on Friday with no offsetting inflows, led by exits from GBTC, ARKB, and BITB. Ether ETFs, on the other hand, saw a small inflow of $2 million, breaking their multi-day outflow trend.
Bitcoin ETFs Log $65 Million Outflow With Zero Inflows, Ether ETFs Break Losing Streak
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Bitcoin ETFs Bleed for Second Day While Ether ETFs Show Signs of Life
Investors slammed the brakes on bitcoin ETF exposure on Friday, April 4, marking yet another tough session for the asset class. With zero inflows recorded across all 12 funds, outflows stacked up to $64.88 million, driven primarily by Grayscale’s GBTC ($25.21 million), Ark 21shares’ ARKB ($21.82 million), and Bitwise’s BITB ($17.85 million).
It was a day of sharp contrasts. While capital exited the sector, total trading activity surged, with bitcoin ETFs registering a strong $4.43 billion in volume, nearly double Thursday’s figure. Still, this heightened action couldn’t lift sentiment, as total net assets settled at $94.45 billion, down from recent highs.
Meanwhile, ether ETFs quietly staged a minor comeback. Franklin Templeton’s EZET stepped in with a $2.06 million inflow, the only positive movement of the day. Though modest, the green print broke ether ETFs’ weeklong outflow streak. The rest of the funds remained flat, with no capital movement reported.
Ether ETF trading volume climbed to $371.79 million, and net assets nudged up slightly to $6.16 billion.
The contrast between bitcoin’s broad-based exits and ether’s fragile inflow raises questions as investors look for clues in next week’s macro events. Was Friday a temporary breather or a sign of deeper sentiment shifts ahead?
