Crypto ETFs draw $631M as demand grows
Spot Bitcoin ETFs recorded $461.77 million in inflows, marking the third consecutive day of positive flows as institutional demand for crypto exposure continued to strengthen.
The largest contribution came from BlackRock’s IBIT, which attracted $306.58 million, followed by Fidelity Investments’ FBTC with $48.01 million and inflows across multiple Grayscale Investments products.
Additional inflows were reported for ARK & 21Shares’ ARKB, Invesco’s BTCO, Franklin’s EZBC, Bitwise’s BITB, WisdomTree’s BTCW and VanEck’s HODL.
Total trading volume across Bitcoin ETFs reached $6.5 billion, while total net assets climbed to $94.57 billion.
Spot Ether ETFs also saw strong demand, recording $169.41 million in inflows across six funds.
Grayscale’s Ether Mini Trust led with $59.51 million, followed by BlackRock’s ETHA with $39.33 million and Fidelity’s FETH with $30.29 million.
Altcoin ETFs also posted gains, with XRP funds attracting $4.19 million and Solana ETFs adding $19.06 million, highlighting growing institutional interest across the crypto ETF market.
At the time of reporting, Bitcoin price was $71,119.26.