Key Takeaways:
- Bitcoin ETFs added $14 million, with Blackrock IBITโs $22.9 million inflow offsetting ARKB outflows.
- Ether ETFs rebounded with $23 million inflows, led by Blackrock ETHBโs $32 million after prior losses.
- XRP gained $6.4 million via Bitwise, while Solana ETFs saw $1.2 million outflows led by Vaneck VSOL.
Ether Returns to Inflows as Bitcoin ETFs Hold the Line
The streak is intact, but it is losing force. Crypto ETFs closed the week with another day of inflows for bitcoin, though the pace has slowed markedly. Ether returned to positive territory after a brief interruption, while activity across smaller assets remained mixed.
Bitcoin ETFs recorded modest net inflows of $14.45 million, extending their run to nine consecutive days. The underlying flows, however, reflected a market beginning to balance out.
Blackrockโs IBIT led with $22.88 million, continuing to act as the primary source of demand. Morgan Stanleyโs MSBT added $11.13 million, reinforcing its steady rise among newer entrants.
Elsewhere, selling pressure persisted. Ark & 21Sharesโ ARKB posted a $9.02 million outflow, while Bitwiseโs BITB saw an $8.85 million exit. Fidelityโs FBTC also recorded a smaller $1.69 million outflow. The inflows were enough to offset the losses, but only narrowly. Trading volume stood at $1.83 billion, with net assets closing at $102.64 billion.
Ether ETFs returned to inflows, adding $23.38 million after the prior dayโs outflow. The recovery, however, was concentrated in a single product.
Blackrockโs ETHB accounted for all inflows, bringing in $32.25 million. This was partially offset by outflows of $7.71 million from Blackrockโs ETHA and $1.16 million from Fidelityโs FETH. Trading activity came in at $459.88 million, with net assets closing at $13.79 billion.
The contrast highlights a shift within ether exposure. Investors are becoming more selective, favoring specific structures over broad allocations.
In smaller segments, XRP ETFs continued to attract capital. The group recorded a $6.44 million inflow, driven primarily by Bitwiseโs XRP product. Trading volume reached $8.41 million, with net assets rising to $1.10 billion.
Solana ETFs moved in the opposite direction, posting a $1.17 million outflow. The decline was largely driven by Vaneckโs VSOL, which saw $1.43 million exit. Fidelityโs FSOL provided a partial offset with a $255,680 inflow. Trading volume stood at $58.12 million, with net assets closing at $883.25 million.
The broader picture is one of deceleration, not reversal. Bitcoinโs inflow streak remains intact, but the scale has narrowed. Ether has regained its footing, though flows are increasingly concentrated. The trend is holding, but the momentum is easing.