Crypto Rally Spreads Across Fund Market as Bitcoin ETFs Hit New Heights

The cryptocurrency rally has spread across the fund market, with Bitcoin ETFs pulling in $827 million on Thursday. This follows the trend of increasing demand for crypto products, with Ether ETFs adding another heavy inflow day, collecting $220.77 million.

Blackrock led the charge in Bitcoin ETFs, attracting $502.99 million across five funds, accounting for about 82% of the daily total. Fidelity's FBTC added $64.74 million, while Bitwise's BITB attracted $26.39 million.

Solana and XRP ETFs also enjoyed a strong session, with Solana gaining $14.58 million and XRP adding $13.24 million. HYPE ETFs completed a broadly positive day with $5.86 million in net inflows.