Bitcoin ETFs Extend Inflow Streak as Institutional Interest Grows
- Bitcoin ETFs drew $134.47 million on Friday, marking a seven-session inflow streak totaling approximately $2.98 billion.
- Blackrock’s IBIT added $96.99 million, while Fidelity’s FBTC followed with $49.32 million in inflows.
- Ether ETFs gained $86.95 million, continuing their six-day inflow trend with Blackrock’s ETHA and ETHB leading the way.
- Solana ETFs attracted significant attention, bringing in $86.67 million, nearly matching ether’s daily inflows.
- XRP ETFs saw an inflow of $22.65 million, with Bitwise’s fund accounting for the majority at $18.39 million.
The continued influx into ETFs highlights growing institutional interest across various digital assets beyond just bitcoin and ether, as evidenced by significant investments in Solana and XRP products this week.
With Bitcoin ETFs maintaining a strong seven-day streak and Solana emerging as a key altcoin contender, institutional demand appears to be diversifying across the crypto market landscape.
