Bitcoin exchange-traded funds drew $175.62 million on Tuesday, led by Fidelity and Blackrock, after an outflow on Monday. Ether funds ended a 10-session losing streak, while solana and zcash products kept losing money.
Bitcoin exchange-traded funds drew $175.62 million on Tuesday, reversing Monday's $65.40 million outflow. Fidelity's FBTC led the group, and Blackrock's IBIT came second.
Fidelity pulls in $103M as bitcoin funds flip to inflows
FBTC took in $103.06 million, while IBIT attracted $65.89 million. Morgan Stanley's MSBT added $6.67 million.
Trading volume reached $1.65 billion, and net assets climbed to $106.98 billion. However, the inflow follows roughly $681 million in losses across the previous five sessions, so the source reads Tuesday's buying as a sign that institutional investors may be rebuilding exposure.
Ether ETFs end a 10-session losing streak
Ether funds recorded their first positive session after 10 consecutive days of redemptions. The category attracted $24.84 million, split between Grayscale's Ether Mini Trust at $16.73 million and Fidelity's FETH at $8.11 million.
Trading activity totaled $521.08 million, and net assets finished at $15.83 billion. Still, the inflow was modest compared with the hundreds of millions that left ether products during the streak.
Solana and zcash funds keep losing money
The recovery did not reach every product. Solana ETFs lost another $1.04 million through Bitwise's BSOL, extending their outflow streak to seven sessions, and net assets fell to $1.71 billion.
Grayscale's ZCSH lost $5.19 million, pushing net assets down to $677.30 million. HYPE and XRP ETFs recorded no net flows, while Bitwise's NRR, a NEAR fund, attracted $3.93 million and lifted its net assets to $79.17 million.
Source: Bitcoin News
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