Crypto exchange-traded funds extended their recovery for a second consecutive session, with capital flowing into all major asset classes. Bitcoin ETFs led the charge, raking in $186.03 million in net inflows — but the headline number hides a stark concentration: BlackRock's IBIT alone accounted for $291.86 million, overshadowing outflows from five other funds.
BlackRock's IBIT Single-Handedly Keeps Bitcoin ETFs Green
Behind the net inflow figure, the Bitcoin ETF market was sharply split. Morgan Stanley's MSBT added a modest $19.32 million, while five funds bled: Fidelity FBTC lost $47.35 million, Ark & 21Shares ARKB shed $42.22 million, Grayscale GBTC dropped $23.35 million, Bitwise BITB saw $8.54 million exit, and VanEck HODL bled $3.70 million. Despite this breadth of selling, IBIT's sheer size tipped the balance. Total trading volume hit $2.03 billion, with net assets rising to $97.57 billion.
Ether ETFs Notch Fifth Consecutive Day of Positive Flows
Ether ETFs painted a cleaner picture. The group recorded $67.85 million in net inflows, marking five straight days of gains. Every major fund contributed, led by BlackRock's ETHA at $31.51 million and its ETHB product adding $9.76 million. Grayscale's Ether Mini Trust brought in $24.79 million, and Franklin's EZET contributed $1.80 million. No outflows were reported. Trading volume reached $705.79 million, with net assets climbing to $13.79 billion.
XRP and Solana ETFs Join the Rally
Smaller ETF segments also posted all-green sessions. XRP ETFs drew $17.11 million in net inflows, spread across multiple issuers: Bitwise XRP led with $6.23 million, 21Shares TOXR added $5.43 million, Franklin XRPZ brought in $5.30 million, and Canary XRPC added a small $148,130. Trading volume hit $40.18 million, with net assets crossing back above $1 billion to $1.02 billion.
Solana ETFs recorded $5.36 million in net inflows, led by Bitwise's product at $3.21 million, followed by Fidelity FSOL at $1.52 million and Grayscale GSOL at $637,100. Trading volume stood at $53.43 million, with net assets closing at $835.43 million.
The pattern is clear: Bitcoin's recovery rests on one dominant player, while Ether and smaller tokens show broader participation. The market is healing, but its foundations remain selective.