Key facts
- U.S. spot Bitcoin ETFs experienced net outflows of $85 million on Wednesday.
- Ether ETFs recorded inflows of approximately $70 million on Wednesday.
- Bitcoin ETFs saw net outflows of $95 million on Thursday.
- Ether ETFs shed about $52 million on Thursday.
- Bitcoin rose 3.5% on Friday to nearly $64,000.
- Ether added 2.6% to $1,760 on Friday.
U.S. spot Bitcoin ETFs experienced net outflows of $95 million on Thursday, extending a trend that saw $85 million leave the funds on Wednesday. Meanwhile, Ether ETFs shed approximately $52 million on Thursday, ending a five-day streak of inflows. Fidelity's FBTC led Bitcoin outflows with about $63 million, followed by ARKB at $40 million. BlackRock's IBIT was flat, while VanEck's HODL and Morgan Stanley's MSBT were among the few to see inflows. Total Bitcoin ETF assets stand near $77 billion. The reversal in Ether ETFs was more widespread, with Fidelity's FETH losing about $34 million and BlackRock's ETHA shedding roughly $13 million. No Ether fund posted an inflow on Thursday, and net assets held at about $9 billion. These flows occurred despite a market rally, with Bitcoin rising 3.5% on Friday to nearly $64,000 and Ether adding 2.6% to $1,760, recovering losses from earlier in the week.