$293M in Bitcoin, $85M in Ether Inflows on Friday
In the U.S., spot bitcoin ETFs pulled in $293.47 million in inflows on Friday alone. Leading the pack was Blackrock’s IBIT, with an impressive $206.13 million amassed during the day’s trading. Fidelity’s FBTC trailed with $33.52 million, while Bitwise’s BITB scooped up $23 million, and Franklin Templeton’s EZBC grabbed $17.80 million.
Vaneck’s HODL rounded out Friday’s gains with $13.03 million, while the remaining funds held steady, recording no changes. Overall, $2.84 billion in trades settled on Friday, bringing cumulative inflows since Jan. 11 to a notable $25.79 billion, according to sosovalue.xyz.
Spot ether ETFs enjoyed a positive day as well, drawing in $85.86 million. Blackrock’s ETHA led with a total of $59.77 million, followed by Fidelity’s FETH at $18.40 million, and Vaneck’s ETHV, which pulled in $4.31 million. Bitwise’s ETHW gathered another $3.38 million.
These recent inflows have significantly reduced the net outflows of the nine ether ETFs, now down to $336.78 million from over half a billion just two weeks back. Metrics from sosovalue.xyz show that the nine ETH funds saw $469.13 million in trades, with the spot ETH funds collectively holding $8.27 billion in ether, while bitcoin ETFs now hold a massive $78.91 billion in bitcoin.
Source:news.bitcoin.com
