Bitcoin exchange-traded funds (ETFs) notched their 13th straight day of inflows with $228 million in fresh capital, led by Blackrock’s IBIT. Meanwhile, ether ETFs stumbled into the red, posting a $26.46 million net outflow.
Bitcoin ETFs Extend Winning Streak to 13 Days With $228 Million Inflow
The rally in U.S. spot bitcoin ETFs pushed into its 13th consecutive day, raking in $228.15 million in net inflows. Once again, Blackrock’s IBIT led the pack, securing $163.72 million, cementing its position as the institutional favorite.
Other contributors included Fidelity’s FBTC with $32.85 million, and Bitwise’s BITB, which added $25.16 million. Smaller but notable inflows came from Franklin’s EZBC ($3.11 million), Ark 21shares’ ARKB ($1.79 million), and Valkyrie’s BRRR ($1.52 million). Daily trading volume for the group stood at $2.18 billion, with total net assets holding steady at $133.53 billion.
But the optimism didn’t spill over to the ether ETF camp. Ether products saw their recent inflow streak broken with a $26.46 million net outflow.
Despite Blackrock’s ETHA, Fidelity’s FETH, and Bitwise’s ETHW drawing $5.89 million, $4.87 million, and $2.62 million respectively, Grayscale’s ETHE and Ether Mini Trust dragged the total down with outflows of $27.45 million and $12.39 million.
Ether ETF trading totaled $301.56 million, while assets under management dipped slightly to $9.90 billion. With bitcoin ETFs continuing to shine and ether ETFs taking a breather, investor preference appears clearly tilted, at least for now.
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