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Bitcoin ETFs Lose $138M; Zcash Extends Inflows

U.S. bitcoin ETFs recorded $137.94 million in net outflows on Friday, led by $110.34 million from BlackRock’s IBIT, after taking in more than $1 billion from Monday through Wednesday. The source gives no calendar date for Friday. Thursday’s outflows were $635.49 million, but the source does not establish that the selling has ended.

Ether ETFs recorded a $4.35 million net inflow, with no fund reporting an outflow, though that inflow was small relative to recent withdrawals. Grayscale’s zcash ETF drew $20.52 million, its third straight day of inflows. Franklin Templeton registered two Nasdaq-listed ETFs designed to hold 95% U.S. equities and 5% bitcoin; the source does not say they have begun trading.

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