U.S. crypto exchange-traded funds (ETFs) experienced a rare all-green session on Tuesday, February 24, with bitcoin ETFs leading the charge with $258 million in net inflows. Ether, XRP, and Solana ETFs also logged positive flows, marking a broad-based recovery after Monday's outflows. Analysts noted that demand was spread across multiple issuers, indicating a return of investor confidence rather than isolated tactical moves.
Bitcoin ETFs Attract $257.71M Across Six Funds
Spot bitcoin ETFs saw net inflows of $257.71 million, with contributions from six different funds. Fidelity's FBTC topped the list at $82.81 million, followed closely by BlackRock's IBIT at $78.94 million and ARK Invest & 21Shares' ARKB at $71.14 million. Additional inflows came from VanEck's HODL ($12.76 million), Grayscale Bitcoin Mini Trust ($8.56 million), and Bitwise's BITB ($3.50 million). Trading volume for the day reached $2.46 billion, while total net assets climbed to $81.30 billion.
Ether ETFs: Modest Inflow Led by Grayscale Mini Trust
Ether ETFs finished in positive territory with a net inflow of $9.23 million. Grayscale's Ether Mini Trust drove the gain with $11.08 million in inflows, partially offset by a $1.85 million outflow from Fidelity's FETH. Trading activity totaled $550.23 million, and net assets ended at $10.47 billion.
XRP and Solana ETFs Also Extend Gains
XRP ETFs recorded $3.04 million in net inflows, led by Bitwise's XRP product. Trading volume came in at $13.24 million, and net assets rose to $981.06 million. Solana ETFs continued their steady run, adding $3.78 million in net inflows. Bitwise's BSOL contributed $2.62 million and Fidelity's FSOL added $1.16 million. Total value traded reached $26.11 million, pushing net assets to $697.12 million.
Market Context: A Broad Recovery After Monday's Outflows
The all-green session stands in contrast to Monday, February 23, when bitcoin ETFs saw $204 million in outflows. The swift reversal and broad participation suggest improving sentiment among institutional investors. With total net assets across bitcoin ETFs surpassing $81 billion and steady inflows into altcoin products, the ETF channel continues to provide a regulated gateway for traditional capital into the crypto space.