On Friday, the 12 spot bitcoin exchange-traded funds (ETFs) hit another high note, pulling in $428.98 million during the day’s trading session. Meanwhile, nine spot ether ETFs added $23.61 million to their tally.
Crypto ETFs Make Waves: $452M in Inflows Push Bitcoin and Ether to New Heights
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Bitcoin ETFs Dominate as $429M Floods In—Ether Funds Join the Party with $24M
Both bitcoin and ether ETFs ended the day on a positive streak, continuing their upward momentum. According to Sosovalue.com, the spot bitcoin ETFs hauled in $428.98 million, boosting the cumulative net inflows for the 12 funds since Jan. 11, 2024, to an impressive $35.60 billion.
Blackrock led the charge with IBIT amassing $393.03 million, followed by Fidelity’s FBTC with $59.96 million. Bitwise’s BITB rounded out the top three, bringing in $33.21 million. Other notable contributors included Ark Invest’s and 21shares’ ARKB, which drew $28.41 million, and Vaneck’s HODL, which brought in $8.62 million.
Wisdomtree’s BTCW added $7.01 million, while Grayscale’s Bitcoin Mini Trust picked up $4.51 million. However, Grayscale’s GBTC faced a $105.76 million dip, offsetting some of the day’s gains. Approximately $3.10 billion was traded on Friday, with the BTC ETFs now accounting for $114.97 billion—representing 5.71% of bitcoin’s total market cap.
Ethereum ETFs had their moment too, with the nine funds collectively raking in $23.61 million in positive inflows. Three funds posted gains while the rest held steady, avoiding any losses. Blackrock’s ETHA led the pack, securing $9.51 million, followed by Grayscale’s ETHE with $7.24 million.
Fidelity’s FETH wasn’t far behind, adding $6.86 million to the pot. Friday’s results pushed the nine funds’ cumulative net inflows to $2.26 billion, with $453.81 million in trades settled that day. Altogether, the funds now hold $13.78 billion in ether, accounting for 2.92% of the crypto asset’s market cap.
