Bitcoin ETFs posted an $87 million net inflow, thanks to Blackrock’s dominant performance despite a sizable outflow from Fidelity. Ether ETFs extended their green streak to 13 days with $56.98 million in net inflows.
Blackrock Powers Bitcoin ETF Gains as Ether ETFs Extend Bullish Run to Day 13
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$87 Million Inflow Pushes Bitcoin ETFs Higher With Ether ETFs Seeing Continued Momentum
Momentum hasn’t slowed for digital asset ETFs. Bitcoin ETFs registered a net inflow of $86.92 million, marking another recovery day as markets continue to find their bullish rhythm.
There were two major players in the trading session: Blackrock’s IBIT and Fidelity’s FBTC. Blackrock took the spotlight with a massive $283.96 million inflow, reinforcing its role as the market’s institutional favorite. Meanwhile, Fidelity’s FBTC posted a significant $197.04 million outflow, but it wasn’t enough to tip the scales red. The day still ended with net gains for bitcoin ETFs.
The total value traded came in at $2.38 billion, and the total net assets for the bitcoin ETF market settled at $126.67 billion.
Ether ETFs kept their hot streak alive with a 13th consecutive day of net inflows, raking in $56.98 million. Blackrock’s ETHA once again led the charge, contributing $73.18 million, while Grayscale’s Ether Mini Trust added $7.42 million. The lone drag came from Fidelity’s FETH, which saw a $23.62 million outflow.
Despite the pull from Fidelity, ether ETFs remained in the green, trading $386.06 million across the board and pushing total net assets up to $9.88 billion. The trend, for now, remains decisively bullish.
