Bitcoin ETFs finished the week with $223 million in net inflows, while Ether ETFs held positive at $48 million despite heavy redemptions across multiple funds. Blackrock’s vehicles once again carried the momentum for both markets.
Crypto ETFs Close Week Strong Despite Broad Outflows in Ether Funds
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Bitcoin and Ether ETFs End the Week in Green With $271 Million in Combined Inflows
The week ended with a decisive show of strength for crypto ETFs, as both bitcoin and ether products managed to close in positive territory despite uneven flows beneath the surface. Together, the two asset classes pulled in $271 million on Friday.
For bitcoin ETFs, nearly all of the action came from Blackrock’s IBIT, which recorded a commanding $246.11 million inflow. This single surge offset the day’s only other activity: a $23.50 million outflow from Grayscale’s GBTC. Trading activity was robust, with $2.93 billion in value exchanged, while total net assets settled at $152.31 billion.
Ether ETFs told a more complicated story. Blackrock’s ETHA stood tall, generating $144.29 million in fresh inflows. Yet seven other funds moved in the opposite direction. Fidelity’s FETH led outflows with $53.40 million, followed by Grayscale’s Ether Mini Trust at $11.30 million, Vaneck’s ETHV at $8.16 million, Bitwise’s ETHW at $7.03 million, Grayscale’s ETHE at $6.22 million, 21Shares’ TETH at $6.01 million, and Invesco’s QETH at $4.43 million.
Despite the broad redemptions, net flows still ended positive at $47.75 million. Total value traded was $1.67 billion, with net assets dipping slightly to $29.64 billion.
The dominance of Blackrock’s funds in driving both bitcoin and ether ETF flows this week underscores their growing weight in the market. Even as competitors saw exits, institutional demand for Blacrock’s offerings kept the overall tide flowing green.
