Bitcoin ETF records net capital inflow of 87 million USD, mainly thanks to BlackRock, while Ether ETF extends impressive chain of increase to the 13th day.
The digital asset ETF market continues to show strong attraction for institutional investors in the latest trading session. Bitcoin ETF recorded a net capital inflow of 86.92 million USD, marking another day of recovery as the market continues to find its price increase rhythm after the correction period.
BlackRock's IBIT continues to affirm its leading position with a massive capital inflow of 283.96 million USD, demonstrating strong confidence from institutional investors in the world's largest Bitcoin ETF. This move shows BlackRock is further consolidating its market share in the crypto ETF segment, which is considered one of the most successful investment products in 2024.
In contrast, Fidelity's FBTC witnessed a significant capital outflow of 197.04 million USD, reflecting the differentiation in investor choices among different ETF providers. However, the capital withdrawal from Fidelity was not enough to make the overall Bitcoin ETF market turn negative, showing the strength of other funds in offsetting.
Total transaction value in the session reached 2.38 billion USD, while the total net assets of the Bitcoin ETF market currently stand at 126.67 billion USD, reflecting the increasingly large scale of this segment.
Ether ETF maintains 13 consecutive days of increase
Ether ETF continues its success story with the 13th consecutive day recording positive capital flow, attracting 56.98 million USD. BlackRock's ETHA once again leads with 73.18 million USD of capital inflow, consolidating BlackRock's dominant position in both Bitcoin and Ether ETF segments.
Grayscale Ether Mini Trust also made a positive contribution with 7.42 million USD of capital inflow, while Fidelity's FETH was the only negative point with 23.62 million USD withdrawn. This differentiation reflects the trend of investors focusing on ETF products with strong brands and competitive management fees.
Despite the capital withdrawal from Fidelity, Ether ETFs still maintain their green status with a total market transaction value of 386.06 million USD, pushing total net assets to 9.88 billion USD. This figure shows that Ether ETF is gradually affirming its position as an attractive investment channel, although the scale is still significantly smaller compared to Bitcoin ETF.
