Institutional Demand for Crypto ETFs Remains Fragile
- Bitcoin ETFs added $5.06 million on Thursday, led by Blackrock’s $16.79 million inflow.
- Ether ETFs experienced a $60.22 million outflow, with Blackrock’s ETHA losing $44.39 million.
- Solana ETFs saw a ninth consecutive day of outflows, totaling $9.82 million.
- NEAR remains an exception, attracting an additional $1.13 million in capital.
Despite modest gains in Bitcoin ETF inflows, the broader cryptocurrency ETF market continues to show signs of institutional de-risking, with significant outflows from Ether ETFs and other altcoins like Solana and HYPE.
The volatility in crypto ETF flows highlights the fragile nature of current institutional demand, as seen by Bitcoin’s net loss of approximately $146 million over four days and Ether’s persistent outflows totaling around $250 million during the same period.(Source)
