Bitcoin and Ethereum ETFs return to inflows as BlackRock pulls in $214.8M
- —Bitcoin ETFs: $159.9 million inflow after four days of outflows
- —IBIT attracted $134.3 million, FBTC $53.3 million, while $42 million was withdrawn from ARKB
- —Ethereum ETFs: $121.1 million inflow, with ETHA at $80.5 million and ETHB at $14.4 million
- —BlackRock accounted for 76% of all inflows into both ETF groups
Why it matters: The inflows ended the outflow streak, but capital is concentrating among the largest providers, weakening demand for smaller funds.
Source: Blockmedia