Investors Push $79M Into Bitcoin ETFs as Ether Funds Lose $28M
Key TakeawaysBlackrock led bitcoin ETFs to $79.15M inflows on July 16, while ether funds lost $28.04M.Bitcoin‘s 3-day streak and XRP’s $6.78M gain showed demand shifting away from ether.T. Rowe Prices TKNZ launched with 6.45% in HYPE, widening access to multi-token ETFs. Bitcoin ETFs Extend Their Inflow Streak to Three Days Wall Streets crypto trade moved in two directions at once. Bitcoin ETFs extended their inflow streak to a third session as ether products slipped back into redemptions, showing that investors remain selective even as money returns to parts of the market. Bitcoin Draws the Cash as Ether Loses Ground Three funds accounted for all of bitcoin‘s $79.15 million net inflow. Blackrock’s IBIT led with $33.44 million, followed closely by Fidelity‘s FBTC at $30.73 million. Bitwise’s BITB added the remaining $14.98 million. Trading activity remained firm. Total value traded reached $997.79 million, while combined net assets ended the session at $77.72 billion. Discover more Digital Currencies Photo & Image Sharing financial Three green days in a row for bitcoin ETFs. Source: Sosovalue Ether ETFs told the opposite story. Grayscale‘s Ether Mini Trust recorded the largest withdrawal at $14.28 million. Fidelity’s FETH lost $11.20 million, and Grayscales ETHE shed $4.84 million. Bitwises ETHW was the only fund to attract capital, taking in $2.28 million.