BITCOIN ETFS STAY NEGATIVE WITH BITCOIN’S PRICE STUCK AT $77K
Friday brought a striking split across the crypto ETF market.
Bitcoin funds remained under pressure, though the pace of redemptions slowed sharply from earlier in the week. Blackrock’s IBIT recorded a $19.23 million outflow, enough to outweigh fresh demand elsewhere, after Morgan Stanley’s MSBT attracted $3.76 million, and Vaneck’s HODL added $2.18 million.
Total bitcoin ETF trading value reached $2.60 billion, with net assets closing at $97.58 billion. The result capped an entirely negative week for the group, with cumulative outflows reaching $462.73 million.
That weakness has coincided with bitcoin’s price hovering around $77,000, leaving institutional flows under close watch heading into next week.
ETHER FUNDS FINISH THE WEEK WITH FORCE
Ether ETFs delivered the session’s strongest move, recording $216.41 million in net inflows across six funds.
Blackrock’s ETHA led with $148.82 million. Bitwise’s ETHW added $29.09 million, while BlackRock’s ETHB attracted $18.32 million. Fidelity’s FETH brought in another $11.40 million.
Grayscale’s Ether Mini Trust and Vaneck’s ETHV added $5.09 million and $3.71 million, respectively. Trading value surged to $2.56 billion, as net assets climbed to $16.31 billion, up by almost $1 billion on the day.
The Friday surge pushed ether ETFs to roughly $197 million in weekly net inflows, extending their
Friday brought a striking split across the crypto ETF market.
Bitcoin funds remained under pressure, though the pace of redemptions slowed sharply from earlier in the week. Blackrock’s IBIT recorded a $19.23 million outflow, enough to outweigh fresh demand elsewhere, after Morgan Stanley’s MSBT attracted $3.76 million, and Vaneck’s HODL added $2.18 million.
Total bitcoin ETF trading value reached $2.60 billion, with net assets closing at $97.58 billion. The result capped an entirely negative week for the group, with cumulative outflows reaching $462.73 million.
That weakness has coincided with bitcoin’s price hovering around $77,000, leaving institutional flows under close watch heading into next week.
ETHER FUNDS FINISH THE WEEK WITH FORCE
Ether ETFs delivered the session’s strongest move, recording $216.41 million in net inflows across six funds.
Blackrock’s ETHA led with $148.82 million. Bitwise’s ETHW added $29.09 million, while BlackRock’s ETHB attracted $18.32 million. Fidelity’s FETH brought in another $11.40 million.
Grayscale’s Ether Mini Trust and Vaneck’s ETHV added $5.09 million and $3.71 million, respectively. Trading value surged to $2.56 billion, as net assets climbed to $16.31 billion, up by almost $1 billion on the day.
The Friday surge pushed ether ETFs to roughly $197 million in weekly net inflows, extending their