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Bitcoin and Ethereum ETFs See Total Daily Inflows of Nearly $1 Billion
US spot Bitcoin and Ethereum ETFs experienced substantial daily net inflows, totaling nearly $1 billion. Bitcoin ETFs attracted $936.43 million, while Ethereum ETFs saw $38.74 million on April 22, marking the highest inflow since the US presidential inauguration.
Bitcoin ETFs: ARKB and FBTC Lead Inflows
- Daily inflows for Bitcoin ETFs reached $936.43 million, contributing to weekly net inflows of $1.32 billion.
- BTC is trading at $94,126 with total net inflows of $36.69 billion and a traded value of $5.59 billion.
- On Easter Monday, Bitcoin ETFs garnered $381.4 million in net inflows.
- ARK 21Shares’ Bitcoin ETF (ARKB) led inflows at $267.1 million; Fidelity’s Wise Origin Bitcoin Fund (FBTC) followed at $253.82 million.
- Net assets stand at $4.59 billion for ARKB and $18.16 billion for FBTC.
- BlackRock’s iShares Bitcoin Trust (IBIT) saw $193.49 million in inflows, reaching net assets of $52.7 billion.
- Bitwise’s Bitcoin ETF (BITB) recorded $76.71 million in inflows with net assets of $3.58 billion.
- WisdomTree Bitcoin Trust (BTCW) and Hashdex Bitcoin ETF (DEFI) reported zero net inflows.
Ethereum ETFs See $38.74M in Inflows
- Ethereum ETFs recorded daily net inflows of $38.74 million.
- Fidelity’s FETH led with $32.65 million in inflows and net assets of $649.67 million.
- Bitwise’s ETHW followed with $6.09 million in inflows and $155.59 million in net assets.
- Other ETH ETFs reported no daily net inflows.