Bitcoin and Ether ETFs Face Continued Outflows Amid Mixed Inflows
- Bitcoin ETFs experienced $19.03 million in net outflows, marking a five-day losing streak.
- Blackrock’s IBIT ETF saw its first inflow of the week with $30.26 million.
- Ether ETFs had $15.89 million in net outflows, with Fidelity’s FETH losing $20.53 million.
- HYPE ETFs recorded positive inflows of $622,020, driven by Grayscale’s HYPG.
- Solana ETFs faced $4.38 million in net outflows, led by Bitwise’s BSOL loss of $3.63 million.
Despite the ongoing negative trend for Bitcoin ETFs and Ether ETFs, certain funds like Blackrock’s IBIT and Grayscale’s HYPG showed resilience with significant inflows, indicating selective investor interest.
Overall, while Bitcoin and Ether ETF categories remain under pressure with significant outflows, the inflows into specific funds suggest areas where investors still see value opportunities amidst market volatility.
