Crypto ETFs Catch Fire: Bitcoin Funds Soar, Ether ETFs Log Second Strong Day
Bitcoin ETFs came roaring back with a $320 million net inflow, led by Blackrock’s IBIT. Ether ETFs also continued their rebound, logging a second straight day of inflows totaling $63 million.
After a brief pause on Tuesday, May 13, bitcoin exchange-traded funds (ETFs) returned with fresh fire on Wednesday, May 14. A robust $319.56 million in net inflows flooded into the market, signaling a renewed wave of investor confidence.
Blackrock’s IBIT once again dominated, pulling in $232.89 million, continuing its reign as the favored institutional vehicle. Fidelity’s FBTC followed with $36.13 million, and Grayscale’s Bitcoin Mini Trust added $35.23 million to the day’s haul.
Source: Sosovalue
Smaller but notable inflows came from Vaneck’s HODL ($7.32 million), ARKB ($5.16 million), and Bitwise’s BITB ($2.82 million). No outflows were recorded across any of the 12 funds, a rare occurrence in recent weeks. Total value traded hit $2.74 billion, with net assets climbing to $121.84 billion.
Ether ETFs mirrored bitcoin’s resurgence with a $63.47 million net inflow, making it two green days in a row for the asset class. The charge was led by Blackrock’s ETHA, which attracted $57.61 million, while Fidelity’s FETH contributed $5.86 million.
With $447.95 million in total value traded, ether ETF net assets rose to $9.04 billion, keeping momentum alive in the broader crypto ETF landscape. For now, both bitcoin and ether ETFs seem to have found solid footing, bolstered by institutional appetite and a resilient market tone.