Wall Street Crypto Buying Surges to New Heights

Wall Street's crypto buying spree continued on Friday, with bitcoin ETFs attracting $307.45 million across seven funds, marking no outflows and pushing combined assets to $96.07 billion.

The week gathered momentum during its final three sessions as bitcoin's price rallied and institutional allocations increased. Blackrock's IBIT supplied $239.28 million, about 77% of the daily total, while Fidelity's FBTC followed with $30.19 million. Grayscale's Bitcoin Mini Trust added $13.62 million.

Ether ETFs also experienced a five-day winning streak, with $184.93 million in net inflows, taking their combined assets to $14.29 billion. Blackrock's ETHA dominated again, attracting $150.83 million, or roughly 82% of Friday's total.