Spot bitcoin ETFs extended their winning streak with $223.21 million in net inflows, marking the eighth consecutive day of positive flows. The latest session showed that institutional demand for bitcoin exposure remains intact, even as allocations across individual funds became less uniform. BlackRock’s IBIT once again dominated the field, bringing in $167.49 million and accounting for the bulk of the day’s net additions.
Bitcoin ETFs Keep Momentum, Led by IBIT
Beyond IBIT, other bitcoin products also contributed to the positive daily total. Ark & 21Shares’ ARKB added $71.22 million, Morgan Stanley’s MSBT gained $9.36 million, and Grayscale’s Bitcoin Mini Trust attracted $5.16 million. These gains helped offset redemptions elsewhere in the category and preserved the broader upward trend in bitcoin ETF flows.
Still, the session was not without friction. Fidelity’s FBTC saw $16.93 million in outflows, Bitwise’s BITB lost $7.60 million, and Vaneck’s HODL recorded a $5.50 million outflow. The presence of these redemptions suggests that while bitcoin remains in favor, investor behavior is becoming more selective at the fund level rather than moving in a single direction across all issuers.
Trading activity remained robust. Total bitcoin ETF volume reached $2.36 billion, while aggregate net assets climbed to $102.79 billion. That combination of steady inflows, high turnover, and rising assets indicates that bitcoin continues to command the strongest institutional attention among listed crypto ETF products.
Ether ETFs Reverse After 10 Straight Days of Inflows
Ether-linked products moved in the opposite direction. After a solid run of 10 consecutive days of inflows, spot ether ETFs posted a net outflow of $75.94 million. The reversal does not erase the previous stretch of positive demand, but it does mark a clear break in momentum.
The largest withdrawals came from Fidelity’s FETH, which lost $51.30 million. BlackRock’s ETHA followed with a $20.95 million outflow, while Grayscale’s ETHE shed $10.90 million. These redemptions were only partially offset by demand in Grayscale’s Ether Mini Trust, which brought in $19.76 million. Additional pressure came from 21Shares’ TETH with $9.24 million in outflows and Bitwise’s ETHW with $3.31 million in outflows.
Ether ETF trading volume stood at $747.11 million, and total net assets eased to $13.71 billion. The figures suggest that although investor interest in ether remains meaningful, near-term conviction softened after a sustained period of inflows. In practical terms, bitcoin and ether are no longer moving in lockstep within the ETF market.
Selective Demand Emerges in XRP and Solana ETFs
Outside the two largest crypto assets, smaller ETF categories continued to attract modest but notable demand. XRP ETFs recorded $3.89 million in net inflows, driven primarily by Franklin’s XRPZ. Trading activity in the segment remained relatively light, with volume totaling $7.69 million. Net assets in XRP ETFs closed at $1.08 billion, showing that the category still commands a meaningful footprint despite far lower turnover than bitcoin or ether products.
Solana ETFs performed somewhat better on a relative basis, adding $7.33 million in net inflows. Bitwise’s BSOL led the group with $6.20 million, while Vaneck’s VSOL contributed another $1.13 million. Trading volume reached $47.38 million, and net assets rose to $874.13 million. While these figures are small compared with bitcoin ETF flows, they indicate that some investors are still willing to take targeted positions in alternative digital assets.
A Market That Remains Positive, but Less Uniform
The broader message from the latest flow data is not one of broad weakness, but of growing differentiation. Bitcoin remains the strongest magnet for institutional capital, supported by consistent inflows and substantial volume. Ether, by contrast, has hit a pause after an extended inflow streak, showing that demand can cool even within a generally constructive crypto market.
At the same time, XRP and Solana ETFs are demonstrating that investor appetite is not confined exclusively to the two largest digital assets. Their inflows remain modest, but they point to a market where capital is becoming more selective rather than disappearing outright. In that sense, the latest session reflects a crypto ETF landscape that is still advancing overall, yet doing so with clearer distinctions between winners and laggards.
For now, bitcoin’s eight-day inflow streak remains the headline development, and BlackRock’s IBIT continues to play an outsized role in that trend. Whether ether can quickly regain its footing, and whether altcoin ETFs can build on their smaller gains, will be key signals for assessing the next phase of institutional positioning in digital asset funds.