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Home Blockchain EcosystemBitcoin ETFs slip back to outflows while ether funds extend their streak
Bitcoin ETFs slip back to outflows while ether funds extend their streak

Bitcoin ETFs slip back to outflows while ether funds extend their streak

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U.S. spot bitcoin ETFs lost a net $85 million on Wednesday, ending a three-day inflow run that had pulled in roughly $509 million, per SoSoValue data. Ether ETFs took in about $70 million the same day, a fifth straight session of inflows.

The bitcoin outflow was broad. BlackRock’s IBIT shed roughly $59 million, Grayscale’s GBTC lost nearly $64 million, and Fidelity’s FBTC gave up about $15 million.

Grayscale’s mini BTC fund was the only one in the green at nearly $53 million. Total bitcoin ETF assets fell to about $75 billion.

Ether’s flows came from a narrower base but kept pointing the same way. Fidelity’s FETH led with roughly $69 million, with VanEck’s ETHV adding just over $1 million and every other fund flat. Ether ETF assets sit at about $9 billion.

The split matches the price tape. Bitcoin traded near $62,300 and ether near $1,740, both down about 3% on the day, though ether has outperformed over the past two weeks as the Lean Ethereum roadmap and returning ETF demand gave it a story bitcoin has lacked.

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ethereum
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