Bitcoin ETFs pulled in $32.11 million on Wednesday, snapping a four-day streak of withdrawals. This rebound was largely fueled by Blackrock’s IBIT, which alone brought in nearly $90 million, offsetting significant outflows from other funds like Fidelity’s FBTC and ARK 21Shares’ ARKB. Total bitcoin ETF trading volume hit $1.88 billion with assets under management at $77.46 billion.
Meanwhile, Solana ETFs staged a strong recovery, drawing $19.06 million after a previous $18 million loss. Morgan Stanley’s MSOL, a staking-enabled Solana fund, captured the entire inflow, highlighting growing interest in staking products. This follows Solana’s recent market momentum.
Ether ETFs, however, faced a tougher day. Despite some gains from Morgan Stanley’s MSSE staking fund and Blackrock’s ETHA, the category ended with an $18.65 million net outflow as several other ether products saw significant withdrawals. The total trading value for ether ETFs was $563.79 million with assets around $10.37 billion. The contrasting flows between bitcoin and ether ETFs underline shifting investor preferences across crypto assets.
This is informational content, not investment advice.
