Bitcoin ETFs kept their inflow streak alive with $117 million on Thursday, powered by Blackrock, Fidelity, and Ark 21shares. Ether ETFs extended their outflow streak to a third day, losing $16.11 million.
Bitcoin ETF Momentum Builds but Ether ETFs Post Day Three in the Red
Investor appetite for bitcoin ETFs continued to build momentum Thursday as the segment posted a $117.46 million net inflow, marking a second consecutive green day. It wasn’t a wide push across the board, but it was potent.
Blackrock’s IBIT led the charge again, hauling in $69 million, more than half of the day’s total inflows. Fidelity’s FBTC followed with $35.34 million, and ARK 21shares’ ARKB contributed $13.12 million to round out the action. No outflows were recorded among the 12 spot bitcoin ETFs.
Total value traded spiked to $3.87 billion, and bitcoin ETF net assets rose to $118.66 billion, marking another firm step toward sustained inflow momentum.
Source: Sosovalue
Meanwhile, either ETFs struggled to hold ground. Outflows hit $16.11 million, largely due to a $19.30 million withdrawal from Fidelity’s FETH. A modest inflow of $3.19 million into Grayscale’s Ether Mini Trust offered only a faint offset.
Total ether ETF trading volume rose sharply to $591.53 million, but net assets closed slightly lower at $7.22 billion. It’s the third consecutive day of red for ether, even as bitcoin continues to rally institutional flows.
As bitcoin finds strength in consistency, Ether ETFs remain locked in a tug-of-war, with recovery still just out of reach.