Home Bitcoin Blackrock Ignites Crypto ETF Comeback as Bitcoin, Ether Flows Turn Green

Blackrock Ignites Crypto ETF Comeback as Bitcoin, Ether Flows Turn Green

by Joseph Rees


Key Takeaways

HYPE ETFs Add $2.1 Million as ETF Flows Turn Positive

The recovery in crypto ETFs did not arrive with fireworks. It arrived with consistency.

For a second straight day, bitcoin and ether funds took in capital without a single outflow across their respective lineups. That matters. After weeks of choppy redemptions, the two largest crypto ETF categories are starting to show a cleaner demand profile.

Bitcoin and Ether Inflows Hold Steady

Bitcoin ETFs recorded $107.80 million in net inflows, led once again by Blackrock’s IBIT, which added $80.82 million. Fidelity’s FBTC followed with $16.94 million, while Grayscale’s Bitcoin Mini Trust brought in $10.05 million. No bitcoin ETF posted an outflow for the day.

Total bitcoin ETF value traded reached $1.58 billion, while total net assets closed at $78.47 billion. The flow was smaller than Tuesday’s rebound, but it was still a constructive signal. Buyers remained present, and selling pressure stayed absent.

Ether ETFs also finished firmly in the green, adding $53.83 million. Blackrock’s ETHA accounted for most of the inflow with $45.29 million. Grayscale’s Ether Mini Trust added $4.58 million, and Blackrock’s ETHB brought in $3.96 million.

Total ether ETF value traded stood at $538.44 million, with net assets closing at $10.40 billion.

Bitcoin and Ether ETFs Post $161 Million Inflows to Sustain ETF Recovery
Strong week for ether ETFs so far, with two strong inflow days mitigating Monday’s outflows. Source: Sosovalue

HYPE Adds Capital as Solana Slips

HYPE ETFs posted $2.13 million in net inflows, primarily through Grayscale’s HYPG. Total value traded reached $22.07 million, while net assets closed at $346.88 million.

Solana ETFs moved in the opposite direction, losing $707,080. Net assets closed at $895.16 million. XRP ETFs saw no trading activity for the day.

The session also came as Blackrock reported record second-quarter results. The world’s largest asset manager said assets under management reached $15.3 trillion, supported by $192 billion of second-quarter net inflows and record first-half net inflows of $321 billion. Revenue rose 31% year over year, while operating income increased 42%.

Blackrock’s Ishares franchise has also surpassed $6 trillion in assets, reinforcing the firm’s dominant position in the ETF market. Its bitcoin trust remains one of the largest institutional vehicles for spot BTC exposure, with third-party tracker Bitbo placing IBIT holdings at roughly 734,000 BTC earlier this week.

Wednesday’s flows showed a market still rebuilding, but with a stronger base than earlier in the month. Bitcoin and ether demand is no longer being overwhelmed by daily exits, and Blackrock’s continued scale gives the recovery a powerful institutional backdrop.



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