Bitcoin ETFs saw inflows for the second consecutive week, adding $196 million despite a strong outflow on Friday. BlackRock‘s IBIT and Fidelity’s FBTC led the charge, while Ether ETFs experienced their fifth consecutive week of outflows, losing $8.64 million.
Bitcoin ETFs secure another week of inflows, while Ether ETFs reach their five-week outflow streak
Things have turned around for Bitcoin ETFs, as they closed their second consecutive week of net inflows, adding a total of $196.48 million. The overall trend remained positive, despite a strong outflow of $93.16 million on Friday, March 28.
The highlight of the week came on Wednesday, March 26, when Bitcoin ETFs saw their largest single-day inflow of $89.57 million, indicating continued institutional interest. BlackRock’s IBIT dominated the week with an inflow of $171.95 million, followed by Fidelity’s FBTC, which added $86.84 million. VanEck’s HODL contributed a modest $5 million.
However, not all funds shared these gains. Ark 21shares’ ARKB saw the largest weekly outflow at $40.97 million, while Wisdomtree’s BTCW, Bitwise’s BITB, and Invesco’s BTCO lost $10.22 million, $9.15 million, and $6.95 million, respectively.
On the other hand, Ether ETFs continued their struggles, marking their fifth consecutive week of outflows. Investors withdrew $8.64 million during the week, with the largest outflow occurring on Wednesday ($5.89 million).
Grayscale’s Mini ETH Trust led the losses with a $6.66 million outflow, followed by Fidelity’s FETH ($3 million), VanEck’s ETHV ($2.21 million), and Invesco’s QETH ($1.45 million). The only bright spot was Grayscale’s ETHE, which reversed the trend with an inflow of $4.68 million.
Bitcoin ETFs remain the focus of institutional investment, consolidating their momentum despite Friday’s setback. Meanwhile, Ether ETFs have yet to gain sustained interest as investors continue to withdraw.
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