Crypto ETF Inflows Reach New Heights as Bitcoin Nears $100 Billion Mark
The cryptocurrency market is continuing its strong streak as Bitcoin and ether exchange-traded funds (ETFs) attracted a combined $453 million in new capital. This marks six consecutive days of inflows for both Bitcoin and ether ETFs, with the category nearing the $100 billion mark.
Bitcoin ETFs led the charge, drawing $337.56 million, led by Blackrock's IBIT which saw an influx of $208.93 million. Fidelity's FBTC was close behind with a significant addition of $104.57 million. Grayscale's Bitcoin Mini Trust brought in $16.36 million, while Vaneck's HODL and Bitwise's BITB added smaller amounts.
Ether ETFs also saw strong inflows, attracting $115.57 million as Blackrock's ETHA accounted for most of the demand with $90.92 million. Grayscale's Ether Mini Trust added $12.50 million, while Fidelity's FETH brought in $6.76 million.
The influx of capital has pushed daily trading value to $5.36 billion and combined net assets to $98.56 billion, leaving the category within striking distance of the $100 billion mark. Monday's flows extended a clear late-August pattern: institutional demand remains strong, and the appetite for crypto exposure is broadening across the ETF market.