Bitcoin ETFs saw another day of strong inflows, drawing in $442 million as Blackrock’s IBIT continued to lead the pack. Ether ETFs also broke their short-lived slump with a $63.49 million net inflow, led by Blackrock and Grayscale.
Bitcoin ETFs Pull in $442 Million as Inflow Streak Continues
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Bitcoin ETFs Extend Winning Streak as Ether ETFs Rebound With $63 Million Boost
The flow of capital into crypto ETFs isn’t slowing down. Thursday, April 24, brought another wave of investor enthusiasm as U.S. spot bitcoin ETFs locked in $442 million in net inflows, marking the fifth consecutive day of gains.
Once again, Blackrock’s IBIT took the lion’s share with $327.32 million flowing into the fund. Ark 21shares’ ARKB followed with an impressive $97.02 million addition. Bitwise’s BITB and Invesco’s BTCO rounded out the list, drawing in $10.18 million and $7.48 million, respectively. Notably, no bitcoin ETF recorded any outflows.
Total value traded came in at $2.03 billion, and total net assets edged up to $106.97 billion, bringing the $110 billion mark within reach.
Ether ETFs also had a bright day, recording a $63.49 million net inflow after Wednesday’s stumble. Blackrock’s ETHA led the rebound with a $40.03 million inflow. Grayscale’s ETH contributed $18.28 million, while Bitwise’s ETHW, 21shares’ CETH, and Vaneck’s ETHV chipped in $5.06 million, $4.14 million, and $2.58 million, respectively.
The only outflow came from Grayscale’s ETHE, which saw $6.6 million exit. Trading volume for ether ETFs reached $300.99 million, and net assets held steady at $5.92 billion.
With both bitcoin and ether ETFs seeing renewed interest, market sentiment appears to be tilting firmly back toward accumulation.
