Crypto ETFs Surge with Significant Inflows Led by Bitcoin and Ether
- Bitcoin ETFs attracted $996.38 million between April 13–17, with Blackrock’s IBIT leading at $906.1 million.
- Ether ETFs saw $275.83 million in inflows, marking a seven-day positive streak.
- XRP and Solana ETFs recorded net inflows of $55.39 million and $35.17 million, respectively.
- Morgan Stanley’s MSBT accumulated $71.1 million for the week, extending its streak to eight days.
- Fidelity’s FBTC experienced net outflows of $103.8 million, while Grayscale’s GBTC shed $79.7 million.
The crypto ETF market showed robust performance with significant inflows across Bitcoin, Ether, XRP, and Solana assets, indicating renewed investor confidence and participation in these digital assets.
With nearly $2 billion in inflows over three weeks for bitcoin ETFs, the market is demonstrating a strong recovery phase led by major players like Blackrock and Morgan Stanley’s MSBT fund.(Source)
