U.S. spot bitcoin and ether exchange‑traded funds amassed nearly $700 million during Friday’s trading session, closing the week on a vigorous note.
Blackrock’s Bitcoin Fund Now Commands 607,685 BTC — Worth $58.5B
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Blackrock’s Bitcoin ETF Devours $675M in a Day While Rivals Stand Still
Crypto ETFs finished in positive territory, with spot bitcoin products drawing $674.91 million and ethereum‑linked counterparts bringing in $20.10 million, according to sosovalue.com stats. Within the bitcoin cohort, Blackrock’s IBIT single‑handedly captured the entire influx.
The other 11 spot bitcoin vehicles ended the day flat. Friday’s $674.91 million allocation lifted IBIT’s trove to 607,685.49 bitcoin, valued at about $58.5 billion. Since Jan. 11, 2024, the dozen funds have welcomed $40.24 billion in net inflows.
Ethereum ETFs echoed that pattern: the $20.10 million addition flowed exclusively into Blackrock’s ETHA. The remaining eight instruments showed neither gains nor outflows. From their debut in July 2024 to date, the group has logged a net $2.51 billion inflow.
Collectively, the nine ether funds now command $6.4 billion in ether, equal to 2.87 % of the asset’s market cap. The 12 spot bitcoin ETFs control $113.15 billion in bitcoin, representing 5.87% of the currency’s total valuation. Blackrock’s IBIT safeguards roughly 51.71 % of that bitcoin cache.
