Key facts
- U.S. spot bitcoin ETFs recorded $85.8 million in inflows on Friday.
- The inflows on Friday ended a five-day outflow streak for spot bitcoin ETFs.
- Spot bitcoin ETFs experienced net redemptions of approximately $315.8 million for the week.
- Spot ether ETFs lost $4.9 million on Friday.
- Spot ether ETFs experienced net outflows of $14.9 million for the week.
- Outflows for spot ether ETFs continued their trend on Friday and for the week.
Spot bitcoin exchange-traded funds (ETFs) in the U.S. saw a turnaround on Friday, attracting $85.8 million in new investments. This inflow marks the end of a consecutive five-day period where these funds experienced outflows. Despite the positive performance on Friday, the overall trend for the week remained negative, with spot bitcoin ETFs registering net redemptions amounting to approximately $315.8 million.
In parallel, the situation for spot ether ETFs continued to be one of outflows. These funds experienced a loss of $4.9 million on Friday alone. This most recent outflow contributed to a larger weekly deficit, with spot ether ETFs collectively losing $14.9 million over the past week. The trend for ether ETFs indicates sustained investor withdrawal from these products.
