Second Straight Day of Strong Inflows for Bitcoin and Ether ETFs
Momentum is building again. Not explosively, but steadily enough to shift the tone. Bitcoin ETFs recorded a second straight day of inflows, pulling in $117.63 million and reinforcing the week’s early recovery. This time, the leadership was clear.
Blackrock’s IBIT returned to the forefront with a commanding $98.42 million inflow, reasserting its role as the market’s primary driver. Fidelity’s FBTC followed with a solid $16.24 million addition.
Smaller, yet notable, inflows were seen in Bitwise’s BITB at $1.84 million and Ark & 21Shares’ ARKB at $1.13 million. No fund recorded outflows, a detail that underscored the strength of the session. Trading volume rose to $3.11 billion, while net assets climbed to $87.46 billion.
Ether ETFs mirrored the positive momentum. The group recorded $31.17 million in net inflows, marking another day of broad-based demand. Blackrock’s ETHA led the charge with $24.70 million, a notable reversal after a prolonged period of outflows.
Support came from across the board. 21Shares’ TETH added $2.62 million, Fidelity’s FETH brought in $1.57 million, Bitwise’s ETHW saw $1.20 million, and Blackrock’s ETHB contributed $1.08 million. Like bitcoin, no ether ETF posted outflows. Trading activity reached $1.03 billion, with net assets rising to $11.98 billion.
Beyond the majors, the market fell quiet. XRP ETFs recorded no trading activity, with net assets closing at $943.73 million. Interest in the segment has slowed noticeably, with several inactive sessions over the past two weeks.
Solana ETFs followed a similar pattern. No trades were recorded, and net assets held at $805.84 million, signaling a pause in investor engagement. The contrast is telling. Capital is returning to bitcoin and ether, but not broadly across the market, as investors appear focused, selective, and cautious.
In summary, Tuesday reinforced the week’s improving tone. Bitcoin and ether extended their inflow streaks with no recorded outflows, while XRP and solana remained dormant. The recovery is taking shape, but it is far from uniform.
FAQ📊
- Why are Bitcoin ETFs seeing consecutive inflows this week?
Bitcoin ETFs are attracting renewed institutional demand, led by strong inflows into Blackrock’s IBIT and supported by broader market stabilization. - What changed for Ether ETFs after weeks of outflows?
Ether ETFs have shifted into inflows due to renewed investor confidence, with multiple funds recording positive flows simultaneously. - Why is there no trading activity in XRP and Solana ETFs?
The lack of activity suggests reduced short-term interest, with investors focusing more on bitcoin and ether ETFs. - Does this mean the crypto ETF market is recovering?
It signals early signs of recovery, but the uneven participation across assets shows that investor confidence is still developing.