Blackrock’s IBIT Powers $425 Million Bitcoin ETF Inflow As Ether ETFs Stay Flat
Bitcoin ETFs opened the week strong with a $425 million net inflow, entirely driven by Blackrock’s IBIT. Ether ETFs stayed quiet, recording no activity for the day.
Bitcoin ETFs wasted no time setting the tone for the new week. Fueled solely by Blackrock’s IBIT, they roared into Monday with a $425.45 million net inflow, extending their momentum from last week and reaffirming investor appetite.
IBIT continues to dominate the ETF landscape, attracting a massive $531.18 million single-day inflow, more than enough to drown out the red ink elsewhere. Five other funds logged outflows, led by Fidelity’s FBTC (-$57.82 million) and Bitwise’s BITB (-$22.66 million).
Source: Sosovalue
Grayscale’s GBTC ($16.37 million), Ark 21shares’ ARKB ($6.14 million), and Franklin’s EZBC ($2.74 million) also slipped, but their combined withdrawals couldn’t dent the bullish tide from Blackrock. Total value traded across Bitcoin ETFs came in at $1.83 billion, and net assets closed the day at $110.68 billion.
Meanwhile, Ether ETFs hit pause. No inflows. No outflows. Just a quiet day with net assets holding steady at $6.31 billion and investors seemingly taking a wait-and-see approach. As Bitcoin ETFs continue to push upward, the market’s attention remains fixed on Blackrock’s gravitational pull and whether Ether will soon catch a similar wave.