Bitcoin ETFs extended their inflow streak to nine consecutive days, although the pace has markedly decelerated. On April 25, the group recorded net inflows of $14.45 million, a sharp drop from the $223 million seen just days earlier. BlackRock's IBIT continued to dominate demand, contributing $22.88 million. Morgan Stanley's MSBT added $11.13 million, reinforcing its rising profile among newer entrants. Meanwhile, selling pressure persisted: Ark & 21Shares' ARKB saw $9.02 million in outflows, Bitwise's BITB lost $8.85 million, and Fidelity's FBTC shed $1.69 million. The inflows barely offset the losses. Trading volume stood at $1.83 billion, with net assets closing at $102.64 billion.
Ether ETFs Return to Positive Territory with Concentrated Inflows
Ether ETFs bounced back after a one-day outflow, adding $23.38 million in net inflows. However, the recovery was heavily concentrated. BlackRock's ETHB product alone brought in $32.25 million, while its sister fund ETHA bled $7.71 million, and Fidelity's FETH saw $1.16 million in outflows. This internal divergence indicates investors are becoming more selective about ether exposure, favoring specific structures over broad allocations. Total ether ETF trading volume reached $459.88 million, and net assets settled at $13.79 billion.
XRP Continues to Attract Capital; Solana ETFs Slip
Among smaller crypto assets, XRP ETFs maintained their upward trajectory, recording $6.44 million in net inflows driven by Bitwise's XRP product. Trading volume hit $8.41 million, with net assets climbing to $1.10 billion. In contrast, Solana ETFs posted $1.17 million in net outflows, led by VanEck's VSOL which saw $1.43 million exit. Fidelity's FSOL provided a partial offset with a $255,680 inflow. Solana ETF trading volume stood at $58.12 million, and net assets ended at $883.25 million.
The broader picture is one of deceleration, not a reversal. Bitcoin's inflow streak remains intact but has narrowed significantly. Ether has regained its footing, though flows are increasingly concentrated. XRP continues to draw steady capital, while Solana faces renewed outflows. Market momentum is easing, but the underlying trend has not yet broken. Investors will watch closely whether BlackRock's IBIT and ETHB can sustain demand leadership and whether smaller assets can maintain their resilience in the weeks ahead.