"Bitcoin and Ether ETFs Recover with Moderate Fund Flows on Friday"
Crypto exchange-traded funds (ETFs) closed the week on a stronger footing, as inflows into bitcoin and ether resumed. XRP and Solana also closed higher, leading to a moderate but even recovery across digital asset funds.
A cautious sense of relief returned to crypto ETFs as the week ended, with buyers returning after several consecutive sessions of large outflows. The recovery wasn't spectacular, but it was broad-based.
Spot Bitcoin ETFs recorded net inflows of $15 million, driven primarily by Fidelity's FBTC, which added $11.99 million. Grayscale's Bitcoin Mini Trust attracted $6.99 million, while Wisdomtree's BTCW attracted $3.64 million and Vaneck's HODL added $1.95 million. An outflow of $9.36 million from Blackrock's IBIT reduced overall gains but failed to reverse the trend. Trading activity reached $3.69 billion, with total net assets closing at $87.04 billion, marking a modest recovery from the previous day's decline.
Ether ETFs followed the trend with net inflows of $10.26 million. Grayscale's Ether Mini Trust led the movement, attracting $14.51 million, while Vaneck's ETHV contributed $3 million and Fidelity's FETH added $2.04 million. These inflows were partially offset by a $9.28 million outflow from Blackrock's ETHA. Trading volume reached $1.10 billion, and net assets ended at $11.72 billion.
The XRP ETF continued to record stable performance, with net inflows of $4.5 million and no outflows recorded. Franklin's XRPZ attracted $1.79 million, Bitwise's XRP added $1.09 million, and Canary's XRPC recorded $319,190 in new capital. Trading volume reached $19.69 million, with net assets ending at $1.01 billion.
The Solana ETF also closed higher, recording net inflows of $1.57 million. Bitwise's BSOL attracted $1.69 million, while Grayscale's GSOL added $438,350. These gains were slightly offset by an outflow of $554,120 from Vaneck's VSOL. Trading volume reached $40.99 million, and total net assets ended at $729.78 million.
