Bitcoin and Ether Exchange Traded Funds record strong capital inflows, reaching 380 million USD and 104 million USD respectively, indicating that optimistic sentiment is returning to the crypto market.
The Bitcoin Exchange Traded Fund attracted an additional 380 million USD with BlackRock leading, while the Ether Exchange Traded Fund recorded its best trading day in months with 104 million USD in new capital, with no funds experiencing outflows.
The Bitcoin and Ether Exchange Traded Funds ended their trading week on Friday, April 25, with a large amount of capital inflow, demonstrating the increasing positive sentiment of crypto investors. The Bitcoin Exchange Traded Fund recorded 379.99 million USD in net capital flow, continuing its strong momentum chain.
BlackRock's IBIT continued to affirm its dominant position by attracting 240.15 million USD in capital flow, accounting for over 63% of the total Bitcoin Exchange Traded Fund inflow for the day. Fidelity's FBTC followed closely with 108.04 million USD. Grayscale's BTC recorded an additional 19.87 million USD, while Ark 21Shares' ARKB and VanEck's HODL contributed 11.39 million USD and 8.08 million USD respectively. The only negative point was a slight outflow of 7.53 million USD from Grayscale's GBTC.
Ether Exchange Traded Fund reaches its best trading day since February
The Ether Exchange Traded Funds also had an outstanding trading session, attracting 104.16 million USD in net capital flow — marking the strongest inflow day in recent months. BlackRock's ETHA led with 54.43 million USD, followed by Fidelity's FETH with 35.94 million USD, and Grayscale's ETH with 10.20 million USD.
Additionally, Bitwise's ETHW and Invesco's QETH each contributed 1.80 million USD. Notably, no outflows were recorded in any of the nine active Ether Exchange Traded Funds.
Trading activity remained vibrant, with the total Bitcoin Exchange Traded Fund trading value reaching 3.31 billion USD and net total assets increasing to 109.27 billion USD, approaching a new record. Meanwhile, the total trading value of Ether Exchange Traded Funds reached 311.70 million USD, with net total assets increasing to 6.14 billion USD.
With both Bitcoin and Ether Exchange Traded Funds recording strong capital inflows, the price increase sentiment seems to have completely returned to control the crypto market, reflecting the increasing confidence of institutional investors in digital assets.
