Bitcoin and Ethereum ETFs reported strong inflows, reaching $380 million and $104 million respectively, indicating that optimistic sentiment is returning to the crypto market.
Bitcoin ETFs attracted an additional $380 million with BlackRock leading, while Ethereum ETFs recorded their best trading day in months with $104 million in new capital, with no funds reporting outflows.
Bitcoin and Ethereum exchange-traded funds (ETFs) wrapped up the trading week on Friday, April 25, with a significant amount of capital flowing in, demonstrating the growing positive sentiment among crypto investors. Bitcoin ETFs recorded $379.99 million in net inflows, continuing a streak of strong momentum days.
BlackRock's IBIT continues to assert its dominance by attracting $240.15 million in inflows, accounting for over 63% of total inflows into Bitcoin ETFs for the day. Fidelity's FBTC closely follows with $108.04 million. Grayscale's BTC reported an additional $19.87 million, while Ark 21Shares' ARKB and VanEck's HODL contributed $11.39 million and $8.08 million respectively. The only downside was a slight outflow of $7.53 million from Grayscale's GBTC.
Ethereum ETF has its best trading day since February
Ethereum ETFs also had a stellar trading session, attracting $104.16 million in net inflows — marking the strongest inflow day in recent months. BlackRock's ETHA led with $54.43 million, followed by Fidelity's FETH with $35.94 million, and Grayscale's ETH with $10.20 million.
Additionally, Bitwise's ETHW and Invesco's QETH also contributed $1.80 million each. Notably, no outflows were recorded in any of the nine active Ethereum ETFs.
Source: sosovalue
Trading activity remains vibrant, with total trading volume for Bitcoin ETFs reaching $3.31 billion and total net assets rising to $109.27 billion, nearing a new record high. Meanwhile, total trading volume for Ethereum ETFs reached $311.70 million, with total net assets increasing to $6.14 billion.
With both Bitcoin and Ethereum ETFs reporting strong inflows, bullish sentiment seems to have fully returned to the crypto market, reflecting increasing confidence among institutional investors in digital assets.
