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CoinDesk·3 min read·medium

Live markets: Bitcoin ETFs bleed again while ether funds snap a five-day inflow streak

S
Shaurya Malwa
Live markets: Bitcoin ETFs bleed again while ether funds snap a five-day inflow streak
✦AI Summary

Bitcoin and Ether exchange-traded funds (ETFs) experienced significant outflows recently, despite a broader recovery in cryptocurrency prices. While Bitcoin assets remain stable near $77 billion, institutional investors have largely remained on the sidelines during recent price fluctuations.

Why it matters

The performance of crypto ETFs serves as a key indicator of institutional sentiment and market liquidity in the digital asset space.

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Fidelity's FBTC drove the bitcoin outflow with roughly $63 million, followed by ARKB at about $40 million. BlackRock's IBIT was flat, neither adding nor losing money, and VanEck's HODL and Morgan Stanley's MSBT were the only funds in the green. Total bitcoin ETF assets sit near $77 billion.

Ether's reversal was broader. Fidelity's FETH lost about $34 million and BlackRock's ETHA roughly $13 million, with Bitwise and BlackRock's second fund also negative. No ether fund posted an inflow, and net assets held at about $9 billion.

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