Bitcoin exchange-traded funds (ETFs) secured $47 million in fresh inflows, driven by Blackrock and Bitwise, while ether ETFs narrowly extended their inflow streak to 19 days with $5.79 million after a sharp Fidelity outflow.
Blackrock Lifts Both Bitcoin and Ether ETFs as Flows Stay Positive
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Ether ETFs Extend Streak to 19 Days Despite Heavy Outflow; Bitcoin ETFs Add $47 Million
Momentum in the crypto ETF market showed contrasting tones on Wednesday, July 30. Bitcoin ETFs posted a decent $47.04 million inflow, thanks to Blackrock and Bitwise shouldering the load.
Blackrock’s IBIT led with $34.37 million, and Bitwise’s BITB contributed $12.66 million, while the rest of the field sat idle. No outflows were recorded, a rare sight in recent weeks. Trading activity remained strong with $3.54 billion changing hands, keeping net assets steady at $151.36 billion.
Ether ETFs, meanwhile, barely clung to the green. The asset class registered $5.79 million in net inflows, marking the 19th consecutive positive day, but it was close. Blackrock’s ETHA pushed $20.27 million, and Grayscale’s ETHE chipped in $7.77 million, yet a massive $22.27 million exit from Fidelity’s FETH nearly erased the day’s gains.
With $1.49 billion in trades, ether ETF net assets now stand at $21.43 billion, reinforcing its growing influence despite uneven flows.
The divergence underscores two narratives: BTC inflows are steady and institutionally anchored, while ETH continues to capture interest, though its streak is becoming harder to sustain as volatility in individual funds grows.
