Ether ETF funds continue to gain momentum with an inflow of $523.92 million, marking two days of exceptional institutional demand. Bitcoin ETF funds remain in positive territory with a net increase of $66 million despite notable capital outflows from ARKB and GBTC.
Blackrock and Fidelity Drive $524 Million Growth of ETH ETF Fund as BTC Funds Add $66 Million
If the record-breaking explosion of ether ETF funds on Monday was a statement, then the follow-up on Tuesday is a clear confirmation that institutions want more ETH. For the second consecutive day, ether ETF funds recorded significant inflows, bringing in $523.92 million, while bitcoin ETFs had a slight but still positive increase of $65.95 million.
Ether ETF funds continue their winning streak among institutions. Blackrock's ETHA leads with $318.67 million, while Fidelity's FETH adds $144.93 million. Grayscale's Ether Mini Trust brings in $44.25 million, ETHE adds $9.33 million, and smaller contributions come from VanEck's ETHV ($4.94 million) and 21Shares' CETH ($1.80 million).
No capital outflow has been recorded for the second consecutive day. Trading volume reached $3.19 billion, and net assets increased to $27.60 billion, nearly 5% of Ethereum's total market capitalization.
Source: Sosovalue
The flows of Bitcoin ETF funds tell a more nuanced story. The entire inflow came from a heavyweight: Blackrock's IBIT with $111.44 million. But this was partially offset by $23.86 million withdrawn from Ark 21Shares’ ARKB and $21.63 million leaving Grayscale’s GBTC. Nevertheless, the day ended in the green, with $3.05 billion traded and total net assets climbing to $155.02 billion.
With ETH ETF funds enjoying favorable consecutive days and BTC ETF funds holding steady, the ETF race does not resemble competition but rather a protective shift.
