Powered by
Markets and Prices

ETF Weekly Recap: Bitcoin ETFs Score Fifth Straight Week of Inflows With $604 Million Boost

This article was published more than a month ago. Some information may no longer be current.

Bitcoin ETFs notched a fifth straight week of net inflows, bringing in $603.74 million, with Blackrock’s IBIT once again leading the charge. Ether ETFs joined the rally, posting an inflow of $41.59 million.

WRITTEN BY
SHARE
ETF Weekly Recap: Bitcoin ETFs Score Fifth Straight Week of Inflows With $604 Million Boost

Bitcoin and Ether ETFs Log Strong Inflows Despite Broad Market Mixed Signals

Crypto exchange-traded fund (ETF) momentum held strong last week as bitcoin ETFs closed with $603.74 million in net inflows, marking the 5th consecutive week of gains. The highlight came on Wednesday, May 14, with a $319.56 million single-day inflow.

Blackrock’s IBIT led the pack with a dominant $841.76 million inflow, outpacing all others by a wide margin. Other top performers included Grayscale’s Bitcoin Mini Trust (+$39.84 million) and Vaneck’s HODL (+$7.32 million). On the flip side, Fidelity’s FBTC (-$122.07 million), Grayscale’s GBTC (-$72 million), and ARKB (-$68.91 million) saw notable weekly net outflows.

ETF Weekly Recap: Bitcoin ETFs Score Fifth Straight Week of Inflows With $604 Million Boost
Source: Sosovalue

Despite mixed action across individual funds, bitcoin ETF flows continued to signal investor confidence, pushing total net assets to $122.67 billion.

Ether ETFs also rode the wave, ending the week $41.59 million in the green, buoyed by a strong $63.47 million inflow on Wednesday, May 14. Blackrock’s ETHA topped the leaderboard with $66.04 million, followed by Grayscale’s Ether Mini Trust (+$15.91 million), Franklin’s EZET (+$3.06 million), and Vaneck’s ETHV (+$2.95 million).

However, outflows on Fidelity’s FETH (-$20.16 million) and Grayscale’s ETHE (-$26.22 million) slightly dampened the gains.

Both asset classes are holding investor attention, and with bitcoin’s ETF inflow streak extending to five weeks, the appetite for institutional crypto exposure appears far from fading.