Ether ETFs Push Green Streak to 14 Days as Outflows Return to Bitcoin ETFs
Emmanuel Musa
Markets and Prices
Ether ETFs Push Green Streak to 14 Days as Outflows Return to Bitcoin ETFs
Bitcoin ETFs reversed course with a sharp $278 million net outflow, driven by exits from seven major funds. Meanwhile, ether ETFs extended their green run to 14 straight days, netting a $11.26 million inflow.
Bitcoin ETFs Slide With $278 Million Outflow But Ether ETFs Hold Strong With $11 Million Inflow
Investor sentiment wavered again as bitcoin ETFs registered a sharp $278.44 million outflow, breaking a short-lived recovery and signaling renewed caution in the market.
Seven of the 12 U.S. bitcoin ETFs shed capital. Ark 21shares’ ARKB led the pullback with a hefty $102.03 million outflow, followed by Fidelity’s FBTC, which saw $80.17 million exit the fund.
Other notable outflows included Bitwise’s BITB ($36.73 million), Grayscale’s GBTC ($24.09 million), and Grayscale’s Bitcoin Mini Trust ($16.70 million). Even Invesco’s BTCO and Vaneck’s HODL weren’t spared, logging $12.20 million and $6.51 million in exits, respectively. Not a single ETF reported an inflow, making the session particularly one-sided.
Trading volume hit a high of $4.47 billion, while net assets for bitcoin ETFs slipped to $122.98 billion.
Ether ETFs Push Green Streak to 14 Days As Outflows Return to Bitcoin ETFs
Source: Sosovalue
Ether ETFs, on the other hand, notched their 14th consecutive day of inflows, adding $11.26 million to the growing momentum. Blackrock’s ETHA fueled the inflow with $34.65 million, but Fidelity’s FETH dragged slightly, posting a $23.40 million outflow. Despite the minor tug-of-war, the positive streak remained intact.
Ether ETF trading volume reached $571.70 million, with net assets closing at $9.55 billion, another testament to growing institutional confidence in ETH exposure.
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