Bitcoin ETFs See 9th Day of Inflows, Adding $90M

by Ouess

Bitcoin ETFs are on a winning streak, recording their 9th consecutive day of inflows, adding $90 million to the market. BlackRock’s iShares Bitcoin Trust (IBIT) led the charge, securing $107.89 million in new investments.

Bitcoin ETFs Continue Strong Inflows


BTC ETF Source : FarsideInvestors

However, Bitwise’s BITB ETF saw an $18.32 million outflow, slightly reducing the day’s net gain. Meanwhile, the remaining ten Bitcoin ETFs saw no movement. Total trading volume surged to $1.87 billion, reflecting strong investor interest. Despite the inflows, total net assets for Bitcoin ETFs dropped by $1.78 billion, closing at $97.22 billion.

Bitcoin ETF Source : SoSoValue

Ether ETFs Continue to Struggle

Unlike Bitcoin ETFs, Ether ETFs faced another day of outflows, losing $5.89 million. Grayscale’s ETH ETF led the decline, with a $4.90 million outflow, while Fidelity’s FETH ETF recorded a smaller withdrawal of $996,090.

Ether ETF Source : FarsideInvestors

With this downturn, total net assets for Ether ETFs fell below $7 billion, closing at $6.84 billion. The continued outflows suggest a shift in investor sentiment, with most funds flowing toward Bitcoin.

Investor Sentiment Favors Bitcoin

The growing gap between Bitcoin and Ether ETF performance highlights a clear investor preference for Bitcoin. While Bitcoin ETFs continue to attract strong inflows, Ether ETFs struggle to retain capital.

Bitcoin Dominance Source : CoinmarketCap

As institutional investors lean toward Bitcoin, the market will be watching for signs of recovery in the Ether ETF space.

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