Six-Day Streak: Institutional Demand Fuels Crypto ETF Inflows

The streak of institutional demand for Bitcoin and Ether exchange-traded funds (ETFs) has reached six sessions, drawing in over $450 million. Blackrock led the charge with a $208.93 million inflow into its IBIT fund, followed closely by Fidelity's FBTC, which added $104.57 million.

The influx of capital is significant, as it brings Bitcoin ETF assets within striking distance of the $100 billion mark. The category currently sits at $98.56 billion, having closed last week at $96.07 billion.

Solana and XRP also saw inflows, with Solana drawing in $33.49 million and XRP adding $13.82 million. HYPE ETFs continued their recent recovery, attracting $5.74 million in new capital.