Bitcoin News Today: Bitcoin and Ether ETFs See $503 Million Inflows as Institutional Interest Rises

Bitcoin and Ether ETFs attracted a combined $503 million in inflows on Thursday, indicating a strong rebound in institutional investor interest in the crypto market. This marked one of the strongest days for institutional sentiment in recent weeks [1]. The surge came as Bitcoin ETFs added $280.69 million, with Blackrock’s IBIT being the largest contributor, pulling in $156.64 million—more than half of the total inflow [1]. Fidelity’s FBTC and Vaneck’s HODL followed with $43.45 million and $21.49 million, respectively. The Grayscale Bitcoin Trusts (GBTC and Bitcoin Mini Trust) collectively brought in $35.65 million, and other funds, such as Bitwise’s BITB, Franklin’s EZBC, and Valkyrie’s BRRR, also saw inflows [1].

Ether ETFs also joined the rally, posting a net inflow of $222.34 million—the largest since mid-July. Blackrock’s ETHA led with $103.52 million, followed by Grayscale’s Ether Mini Trust and Fidelity’s FETH with $34.61 million and $31.82 million, respectively [1]. Bitwise’s ETHW, Grayscale’s ETHE, and Vaneck’s ETHV also saw significant inflows. No outflows were recorded for Ether ETFs, and total trading volume hit $1.90 billion, while net assets rose to $21.80 billion [1].

The Bitcoin ETF inflows helped extend a two-day recovery streak for BTC, which posted its second consecutive positive day [1]. The broader-based rally in Ether ETFs further reinforced the positive momentum. The combined inflows and rising trading volumes suggest a growing appetite among institutional investors for exposure to Bitcoin and Ether through ETFs.

The market’s recent performance highlights a potential shift in sentiment, with both major crypto ETFs gaining traction. Blackrock’s dominance in the inflow figures underscores its role as a key player in the ETF space. Meanwhile, the absence of outflows in the Ether ETF segment indicates a strong and coordinated buying interest across the board [1].

With Bitcoin and Ether ETFs posting strong inflows, the market appears to be entering a phase of renewed optimism. However, the sustainability of this recovery remains to be seen, as volatility is a persistent feature of the crypto market.

Source: [1] Bitcoin and Ether ETFs Surge With $503 Million Inflows as Recovery Momentum Builds (https://api.news.bitcoin.com/wp-json/bcn/v1/post?slug=bitcoin-and-ether-etfs-surge-with-503-million-inflows-as-recovery-momentum-builds)