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Bitcoin ETFs Soar with $102.7 Million Inflows as Ether Funds Drain $55.4 Million

Guavy AI Editorial Team
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U.S. spot Bitcoin exchange-traded funds (ETFs) recorded significant inflows, with $102.7 million in net inflows in the latest daily figures. This is a substantial amount, indicating strong investor interest in Bitcoin. BlackRock's IBIT led Bitcoin funds with $195.6 million in inflows.

On the other hand, spot Ether ETFs posted net outflows, with $55.4 million in outflows. Fidelity's FETH led Ether ETF outflows at $23.5 million, followed by Grayscale's ETHE at $20.4 million.

Some notable fund performance includes Grayscale's Bitcoin Trust losing $31.4 million, while Grayscale's Bitcoin Mini Trust gained $14.6 million. Morgan Stanley's MSBT recorded a $7 million inflow.

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Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

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