On Friday, the 12 U.S. s pot bitcoin exchange-traded funds (ETFs) experienced positive inflows, totaling $25.59 million. Concurrently, the nine spot ether ETFs garnered a combined $7.39 million in inflows during the day’s trading session.
Bitcoin ETFs Rebound With $25.59M Inflows, Ether Funds Add $7.39M
Both bitcoin and ethereum ETFs showed positive growth on Friday, with 12 spot bitcoin ETFs pulling in $25.59 million after three straight days of outflows. The standout performer was Bitwise’s BITB, drawing in $15.29 million. Following close behind was Fidelity’s FBTC, which attracted $13.63 million. Notably, both Ark Invest’s and 21shares’ fund ARKB and Vaneck’s HODL each captured $5.29 million.
However, despite these gains, Grayscale’s GBTC countered the trend by posting losses, dropping approximately $13.91 million. The remaining funds experienced a flat trading day, with no significant gains or losses. The $25.59 million in inflows boosts the cumulative net total since Jan. 11 to $18.5 billion, with Friday’s trade volume hitting $1.19 billion. Altogether, the 12 spot bitcoin ETFs now manage $57.73 billion in bitcoin, representing 4.68% of the asset’s total market cap.
On the ethereum side, spot ETFs also saw inflows on Friday, accumulating $7.39 million. Blackrock’s ETHA led the charge, securing $14.72 million. Trailing behind, Bitwise’s ETHW absorbed $871,300, while Grayscale’s ETHE divested $8.2 million. To date, ETHE has sold off a total of $2.96 billion in ether.
For the remaining ether ETFs, it was a neutral trading session. The $7.39 million increase brings net outflows since July 23 to $553.66 million. Throughout the day, ether funds recorded a trading volume of $148.01 million. Currently, the nine ETFs hold $6.66 billion in ether, which accounts for 2.28% of ethereum‘s market capitalization.
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