$BTC
Bitcoin exchange-traded funds saw $114.40 million in IBIT from BlackRock, once again the clear favorite among institutions. But the strength wasn't enough to overcome significant redemptions. Grayscale's GBTC shed $81.82 million, while Ark 21shares' Arkb lost $46.71 million, leaving the group with a net of $14.13 million. Trading volumes remained heavy at $3.28 billion, although total net assets fell to $151.98 billion. ETHER ETFs faced a more pronounced reversal. Despite a $338.09 million increase in BlackRock's Etha, heavy redemptions across multiple funds dragged the group down somewhat. FeTh’s Feth recorded a sharp $272.23 million, while ETHE RATECALE saw $101.74 million. Smaller outflows in Bitwise's Ethw ($15.76 million), and 21shares ($4.39 million), and Grayscale's Ether Mini Trust ($3.30 million) sealed the red close for the day. In total, Ether ETFs registered an outflow of $59.34 million, with volumes at $3.54 billion and net assets at $28.15 billion. The decline comes after Ether ETFs posted multiple record inflows earlier in the week. Whether Friday’s pullback proves to be a temporary pause or the beginning of a cooling trend will be closely watched when markets reopen next week. $ETH
