U.S. spot bitcoin exchange-traded funds (ETFs) saw their fifth consecutive day of positive inflows on Wednesday, attracting $39.42 million in net investments. In contrast, spot ether ETFs continued their streak of net outflows for the fifth straight day.
Grayscale’s mini bitcoin trust led the day with $14.2 million in inflows, followed closely by spot bitcoin funds from Fidelity and Bitwise, both of which saw around $10 million in fresh investments, according to data from SoSoValue.
BlackRock’s IBIT, the largest spot bitcoin ETF by assets, added $8.35 million, while Franklin Templeton’s EZBC fund saw $3.55 million in inflows. Invesco’s BTCO also contributed $2.46 million in positive flows. The only bitcoin ETF to report outflows was Grayscale’s converted GBTC fund, which lost $9.82 million. Six other funds, including ARKB from Ark and 21Shares, reported no net changes.
The total trading volume for the 12 spot bitcoin ETFs reached $1.42 billion on Wednesday, up from $1.35 billion the previous day. Since their launch, these funds have amassed $17.56 billion in cumulative net inflows.
Ether ETFs Continue to See Outflows
Meanwhile, spot ether ETFs reported net outflows of $17.97 million on Wednesday, largely driven by Grayscale’s ETHE fund, which saw $31.14 million leave the fund.
On the positive side, Fidelity’s FETH recorded the largest net inflows at $7.93 million, followed by the Grayscale Ethereum Mini Trust with $4.24 million. Franklin Templeton’s ether fund also gained $1 million in inflows.
The trading volume for nine ether ETFs reached $201 million on Wednesday, slightly up from $194.66 million the day before. Overall, ether ETFs have now accumulated $458.08 million in net outflows since their launch.
Bitcoin and Ether Prices Maintain Momentum
In the broader market, bitcoin’s price saw a 2.33% increase over the past 24 hours, pushing it to $60,735. Ether also edged up by 1.09%, reaching $2,621. Despite the fluctuations, both assets continue to hold strong amid sustained institutional interest.
