Bitcoin exchange-traded funds (ETFs) notched their seventh straight day of inflows, closing with a $216 million net gain thanks to Blackrock’s massive inflow. Ether ETFs also stayed in the green with a $11.09 million net inflow, despite sizable exits from Fidelity and Grayscale.
Bitcoin ETFs Post $216 Million Net Inflow as Blackrock Offsets Outflows From Fidelity and Ark 21shares
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Bitcoin ETFs Extend Inflow Streak to 7 Days Despite Heavy Outflows in Key Funds
Bitcoin ETFs defied heavy selling pressure on Tuesday, June 18, extending their inflow streak to a seventh day as investor demand remained solid.
The market’s bullish mood was anchored by Blackrock’s IBIT, which pulled an impressive $639.19 million inflow, easily offsetting significant withdrawals across other major funds. While Fidelity’s FBTC suffered a $208.46 million outflow and Ark 21shares’ ARKB lost $191.40 million, Blackrock’s strength ensured the sector stayed in positive territory.
Bitwise’s BITB also posted a $22.84 million outflow, but the day still closed with a net inflow of $216.48 million. Total trading activity surged to $4 billion, with net assets holding firm at $128.18 billion.
Ether ETFs mirrored this resilience. Although Fidelity’s FETH lost $20.22 million and Grayscale’s ETHE saw a $9.02 million outflow, fresh capital flowed into Blackrock’s ETHA ($36.71 million) and Bitwise’s BITB ($3.62 million), pushing the day’s net inflow to $11.09 million. Ether ETF trading volumes hit $528.36 million, with total net assets steady at $10.05 billion.
Despite mixed flows across various funds, the overall market remains firmly in accumulation mode, suggesting investor confidence is still high.
