Bitcoin ETFs Rally With Fourth Straight Day of Gains; Ether ETFs Add $13 Million

Bitcoin ETFs opened the week with a bullish $667 million net inflow, led by Blackrock, Fidelity, and Ark 21shares. Ether ETFs joined the party with $13.66 million in the green

Bitcoin exchange-traded funds (ETFs) opened the week on a high note, reporting a massive net inflow of $667 million. The rally was led by IBIT, which pulled in $305.92 million, followed by FBTC with $188.08 million, and ARKB with $155.25 million.

The rally in bitcoin ETFs continued for a fourth straight day, and it comes amid a broader market optimism. Only one ETF reported an outflow this week.

Fidelity’s BTC ETF, IBIT, saw the biggest inflow this week at $305.92 million. It was followed by Bitoccoin at $188.08 million and Ark 21shares’ bitcoin ETF, ARKB, which pulled in $155.25 million.

Bitwise’s bitcoin ETF, BITB, added $16.02 million, while Vaneck’s HODL chipped in with $7.44 million. The only outflow came from Invesco’s BTCO, which saw a modest $5.27 million withdrawal.

Bitcoin ETFs are now trading at a total value of $3,633.34 million, with net assets reaching $124,966.47 million.

Ether ETFs also reported an inflow this week, albeit on a smaller scale. The seven ether ETFs tracked by Setti reported a combined inflow of $13.66 million, all of which came from Blackrock’s ETHA, which saw an inflow of $13.66 million.

There were no outflows reported from any of the nine ether ETF products this week, suggesting that traders are maintaining a cautious yet positive stance.

Ether ETFs had a total volume of $468.73 million in the week, while net assets closed at $8,716.54 million.output: Bitcoin ETFs kicked off the week on a strong note, reporting a net inflow of $667 million. The rally in bitcoin ETFs continued for a fourth straight day, and it comes amid a broader market optimism. Only one ETF reported an outflow.

The week kicked off with a bang for crypto exchange-traded funds (ETFs). Bitcoin ETFs posted a staggering $667 million in net inflows.

Among the seven bitcoin ETFs tracked by Setti, six reported inflows, while only one saw outflows.

The biggest inflow came from Blackrock’s IBIT, which saw an inflow of $305.92 million. For context, that’s nearly half the total inflow across all seven ETFs. IBIT pulled in $188.08 million in the week.

Coming in third was Ark 21shares’ bitcoin ETF, ARKB, which raked in $155.25 million, highlighting the strong institutional appetite for bitcoin.

Bitwise’s bitcoin ETF, BITB, added $16.02 million, while Vaneck’s HODL chipped in with $7.44 million.

The only outflow came from Invesco’s BTCO, which saw a modest $5.27 million withdrawal.

Bitcoin ETFs are now trading at a total value of $3,633.34 million, with net assets reaching $124,966.47 million.

Meanwhile, ether ETFs followed suit with a $13.66 million inflow.

The seven ether ETFs tracked by Setti reported a combined inflow of $13.66 million, all of which came from Blackrock’s ETHA, which saw an inflow of $13.66 million.

There were no outflows reported from any of the nine ether ETF products this week, suggesting that traders are maintaining a cautious yet positive stance.

Ether ETFs had a total volume of $468.73 million in the week, while net assets closed at $8,716.54 million.