According to data from Farside Investors UK, these inflows were mainly contributed by Blackrock’s IBIT with $86.8 million, followed closely by Fidelity’s FBTC with $64 million.
Other notable inflows include Grayscale’s Mini trust ($50.8 million), Bitwise BITB ($42.3 million), Ark 21 Shares AKRB ($23.8 million), VanEck’s HODL ($14.4 million), Invesco’s BTCO ($3.2 million), and Valkyrie BRRR ($2.3 million). The only outflow was recorded by Grayscale’s GBTC, which lost $35.5 million, leading to a net inflow of $252 million.
At the same time, Bitcoin’s price had increased 5.3% in 24 hours to reach $64,302, having peaked at $64,828, although it dropped to $60,722 at its lowest point in that period, thereby reflecting investors’ faith in it.
On the other hand, Ethereum ETFs were affected badly, as they had outflows amounting to $5.7 million, where Grayscale’s ETHE had $9.8 million flowing out of it, but there were few inflows, such as VanEck Ethw ($2 million), Bitwise ETHW ($1.4 million), and Fidelity’s Feth ($700,000).
