AMBCrypto
- Ark Invest’s ARKB fund also attracted $118.8 million, while Grayscale saw inflows of $17.6 million. Meanwhile, other cryptocurrency funds saw little to no inflows.
However, on April 7, bitcoin-ETFs experienced an outflow of $159.1 million: the largest amount, $47.8 million, went from FBTC from Fidelity. It was followed by GBTC from Grayscale with an outflow of $41.9 million, and IBIT from BlackRock withdrew $17.1 million.
Even on April 8, the day of the ceasefire announcement, outflows continued: the total outflow for BTC ETFs amounted to $93.9 mln. On that day, only FBTC from Fidelity, ARKB from Ark Invest and GBTC from Grayscale recorded outflows of $79.1 mln, $74.7 mln and $11.1 mln, respectively.
All other ETFs showed inflows, with IBIT leading the way with $40.4 mln. Interestingly, the situation changed on April 9 and 10, when the BTC ETF received $358.1 mln and $240.2 mln, respectively. On both days, IBIT saw maximum inflows of $269.3 million and $137.6 million, respectively. At the same time, GBTC from Grayscale showed zero inflows on both days.
ETF on spot Ethereum [ETH] repeated the trends of BTC ETF.
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On April 6, the ETH ETF saw inflows of $120.2 million, led by BlackRock’s ETHA at $60.8 million and Fidelity’s FBTC at $40.1 million.
April 7 and 8, ETH ETFs saw outflows of $64.7 million and $18.6 million, respectively. On both days, Fidelity’s FBTC led the outflows, followed by BlackRock’s ETHA. Interestingly, on April 8, ETHB from BlackRock recorded the maximum inflow of $44.2 million.
On April 9, however, the mood changed: ETH ETFs attracted $85.2 million. On that day, ETHA was the largest inflow with $90.9 million, while Fidelity’s FETH topped the outflow list with $21 million.
In the last days of the week, ETH ETFs showed inflows of $64.9 million, where the main contribution ($53.7 million) came from BlackRock’s ETHA, while other funds had minimal or no inflows. Only FETH recorded a small outflow of $0.6 mln.
Was there a similar pattern in spot Solana ETFs?
On April 6, the SOL ETF had no flows.
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