Bitcoin and Ether exchange-traded funds (ETFs) closed last week in roaring form, attracting a combined $865 million in fresh capital. Bitcoin notched its third consecutive inflow day, while ether extended its winning streak to four.
Institutional Demand Soars As BTC ETFs Pull $404 Million, ETH ETFs Hit $461 Million
The past week ended with fireworks in the crypto ETF market, as institutional flows poured in at one of the fastest clips this summer. Both bitcoin and ether funds closed Friday, August 8, deep in the green, signaling momentum that could carry into this week.
Bitcoin ETFs recorded $403.88 million in inflows, their third straight positive session. Blackrock’s IBIT dominated the day, pulling in $359.98 million, accounting for a staggering 88% of the total. Fidelity’s FBTC added $30.49 million, while Grayscale’s Bitcoin Mini Trust brought in $13.41 million. Not a single ETF posted outflows. Trading volume came in at $2.61 billion, with net assets holding steady at $150.70 billion.
Source: Sosovalue
Ether ETFs outshone even bitcoin’s performance, posting a massive $461.21 million inflow, their 4th consecutive day in the green. Blackrock’s ETHA led the charge with $254.73 million, followed by Fidelity’s FETH at $132.35 million.
Source: Sosovalue
Grayscale’s Ether Mini Trust added $38.25 million, while ETHE pulled in $26.84 million. Rounding out the gains, Bitwise’s ETHW brought in $7.83 million, and Invesco’s QETH added $1.22 million. No exits were recorded. Trading volume surged to $2.44 billion, and net assets climbed to a record $23.38 billion.
With bitcoin extending its rebound and ether ETFs breaking records, the week’s close paints a picture of strong institutional conviction and possibly a bullish setup for the days ahead.
