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BlackRock ETFs Top Bitcoin and Ethereum Inflows

BlackRock’s iShares Bitcoin Trust now holds 351,454 BTC, valued at approximately $21 billion, following a recent inflow of 933 BTC worth $56 million. Other Bitcoin ETFs, including Invesco Galaxy, Bitwise, and Grayscale, experienced outflows of 214 BTC, 109 BTC, and 9 BTC, respectively.

Over the past week, BlackRock’s Bitcoin ETF saw the largest inflows with 2,891 BTC, totaling about $176 million. Fidelity’s FBTC also saw 1,071 BTC in inflows, while Invesco Galaxy, Bitwise, and Grayscale faced significant losses of 337 BTC, 332 BTC, and 3,361 BTC, respectively.

In Ethereum, BlackRock’s ETHA ETF recorded a significant inflow of 10,300 ETH, valued at over $26.88 million. ETHA now holds 332,723 ETH, worth around $867.74 million, with a net inflow of 20,603 ETH in the past week.

Other Ethereum ETFs showed mixed results: Grayscale Ethereum Mini Trust gained 2,733 ETH, Bitwise Ethereum ETF added 3,157 ETH, Fidelity Ethereum Fund saw 6,250 ETH, and Invesco Galaxy Ethereum ETF had 266 ETH in inflows.

Image Credit: Pixabay

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