Bitcoin, Ether ETFs Add $220 Million as Blackrock Leads Again

Bitcoin ETFs attracted $128.69 million on Thursday, extending their inflow streak to four days. Ether funds added an even stronger $92.15 million, while XRP and HYPE also finished in positive territory.

Blackrock’s IBIT led the Bitcoin ETF surge with $128.33 million, supported by Morgan Stanley’s MSBT ($14.94 million) and Fidelity’s FBTC ($11.20 million). Grayscale’s GBTC and Bitcoin Mini Trust contributed $7.48 million and $6.83 million respectively, while Bitwise’s BITB added $1.75 million. However, outflows from VanEck’s HODL ($32.77 million) and Valkyrie’s BRRR ($9.07 million) partially offset gains. Total Bitcoin ETF trading volume reached $1.36 billion, with combined net assets at $78.77 billion.

Austrian economist Lawrence Lepard noted that despite sharp declines in Bitcoin ETF values from their peak, total shares outstanding have fallen far less, indicating limited net selling among holders.

Ether ETFs produced one of the strongest sessions, drawing $92.15 million across five funds. Blackrock’s ETHA dominated with $81.14 million, followed by Grayscale’s Ether Mini Trust ($4.55 million) and ETHE ($3.07 million). Blackrock’s ETHB and Fidelity’s FETH added $1.96 million and $1.42 million respectively. No Ether ETF posted an outflow. Total Ether ETF trading value reached $435.46 million, with net assets at $10.64 billion.

XRP ETFs returned to positive territory with $3.45 million in inflows, led by Bitwise’s XRP fund ($2.89 million) and Franklin Templeton’s XRPZ ($562,000). Net assets ended at $964.21 million.

HYPE ETFs extended their recovery with a $2.84 million inflow into Bitwise’s BHYP. Trading value hit $5.10 million, while net assets closed at $265.04 million.

Solana ETFs moved in the opposite direction, with Fidelity’s FSOL recording an $859,450 outflow, leaving net assets at $857.24 million.

Thursday’s flows reinforced that institutional demand remains heavily concentrated in Bitcoin and Ether, with Blackrock capturing the largest share of new capital.

Source: https://news.bitcoin.com/bitcoin-etf/bitcoin-ether-etfs-add-220-million-as-blackrock-leads-again/