Bitcoin ETF Inflow Soars, Outpacing Ethereum’s Flows

Investment in Bitcoin exchange-traded funds (ETFs) surged this week, with inflows exceeding those for Ethereum. According to SoSoValue data, Bitcoin ETFs saw net inflows of $332.7 million, led by Fidelity’s FBTC fund at $132.7 million and BlackRock’s IBIT fund with $72.8 million. Other issuers like Grayscale, Ark & 21Shares, Bitwise, VanEck, and Invesco also reported net inflows. Conversely, Ethereum ETFs experienced a daily net outflow of $135.3 million, primarily from Fidelity’s FETH fund at $99.2 million, followed by Bitwise’s ETHW fund with a negative flow of $24.2 million.