Ether ETFs kept their momentum with a $534 million inflow, while bitcoin ETFs saw a second consecutive day of outflows totaling $68 million. Trading activity stayed strong as ETH products pushed toward $20 billion in net assets.
Ether ETFs Extend Dominance With $534 Million Inflow as Bitcoin ETFs Slip Further
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Ether ETFs Hit 13-Day Streak While Bitcoin ETFs Struggle With Another $68 Million Exit
The shift in investor focus toward ether exchange-traded funds (ETFs) is becoming hard to ignore. For the second day in a row, bitcoin ETFs faltered, logging $67.93 million in outflows, while ether ETFs surged ahead with $533.87 million in fresh inflows.
Ether ETFs continued their green march, securing their 13th straight day of inflows and pulling in a staggering $533.87 million. Blackrock’s ETHA dominated, attracting $426.22 million, while Grayscale’s Ether Mini Trust added $72.64 million and Fidelity’s FETH chipped in $35.01 million. Notably, no ether ETF recorded an outflow, a clear indication of unrelenting bullish sentiment.
Trading volumes for ether ETFs remained steady at $1.97 billion, and net assets climbed to $19.85 billion, inching ever closer to the $20 billion milestone.
On the flip side, bitcoin’s dip was driven by significant redemptions from Bitwise’s BITB, shedding $42.27 million, and Ark 21Shares’ ARKB, which lost $33.18 million. A minor $7.51 million inflow into Grayscale’s GBTC barely dented the overall negative tone.
Despite the outflows, trading activity remained robust at $4.01 billion, and net assets stood resilient at $154.77 billion, suggesting this may be another brief cooling-off phase rather than a trend reversal.
As ether ETFs maintain their historic inflow streak and bitcoin ETFs face minor turbulence, the market narrative may be tilting decisively toward ether dominance in the short term.
