BlackRock and Fidelity Lead $297.5M Bitcoin ETF Turnaround; Ether Funds Return to Gains
TL;DR:
- Bitcoin ETFs received $297.56M in a single day, ending three consecutive sessions of net capital outflows.
- BlackRock captured $160.23M and Fidelity added another $111.90M, concentrating more than 90% of the day’s total flow.
- Jane Street disclosed over $1B in spot Bitcoin ETF positions, with around $828M invested in BlackRock’s IBIT fund.
Bitcoin ETFs regained ground in the market, posting net inflows of $297.56 million and ending a streak of three consecutive sessions of outflows that had closed the previous week.
Ethereum funds also returned to positive territory, adding $30.85 million, while products tied to XRP, Solana, and HYPE recorded no net movements during the session.
BlackRock and Fidelity Capitalize on the Bitcoin ETF Rebound
BlackRock‘s IBIT fund led the session with $160.23 million in new flows, followed by Fidelity‘s FBTC fund with $111.90 million. Together, both funds concentrated more than 90% of the total captured during the day. ARK 21Shares‘ ARKB fund contributed an additional $14.18 million, and Morgan Stanley‘s MSBT fund added another $11.24 million. No Bitcoin product recorded outflows. Trading volume across Bitcoin ETFs reached $2.12 billion, and combined net assets closed at $77.41 billion.
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