Home » Bitcoin ETF Market Recovers as Blackrock’s IBIT Gains

Bitcoin ETF Market Recovers as Blackrock’s IBIT Gains

Blackrock Ends Bitcoin ETF Selloff as IBIT Pulls in $48M After 13 Red Days 1

HYPE ETFs Extend Winning Streak to 16 Days With $12M in Fresh Inflows

The long red streak finally broke, but the relief was uneven.

After nearly three weeks of pressure across the largest crypto ETF categories, bitcoin and ether funds both returned to positive flows. It was not a sweeping reversal, but more of a cautious pause in the selling. Still, after 13 straight days of bitcoin ETF outflows and 17 straight days of ether ETF outflows, even a modest green print carried weight.

Bitcoin ETFs recorded a net inflow of $3.05 million, ending the category’s losing run. The gain was driven by Blackrock’s IBIT, which added $47.66 million, and Morgan Stanley’s MSBT, which brought in $9.87 million.

The day was not clean. Outflows continued across several funds. Ark & 21Shares’ ARKB lost $20.72 million, Bitwise’s BITB saw $15.57 million leave, Invesco’s BTCO posted a $12.65 million exit, and Fidelity’s FBTC shed $5.54 million.

Blackrock Ends Bitcoin ETF Selloff as IBIT Pulls in $48M After 13 Red Days 2

Even so, the inflows were enough to produce bitcoin ETFs’ first green day in 14 trading sessions. Total value traded reached $3.55 billion, while total net assets still slid to $80.40 billion.

Ether ETFs delivered a cleaner rebound. The group posted $19.30 million in net inflows, entirely through Blackrock’s ETHA. That ended a 17-day outflow streak and gave the category its first positive session in more than three weeks. Total ether ETF value traded stood at $605.55 million, while net assets closed at $9.78 billion.

HYPE ETFs continued to separate themselves from the broader market. The category extended its inflow streak to 16 days, adding $12.15 million. Bitwise’s BHYP led with $7.45 million, while new entrant Grayscale’s HYPG brought in $4.70 million. Total HYPE ETF value traded was $50.25 million, with net assets closing at $185.68 million.

XRP ETFs also finished in positive territory, adding $3.83 million. The full inflow went into Franklin’s XRPZ. Total traded value reached $18.60 million, while net assets closed at $1.01 billion.

Solana ETFs were the lone negative group of the day, though only slightly. The category posted a $278,500 outflow, entirely from Invesco’s QSOL. Total value traded was $64.63 million, and net assets closed at $791.10 million.

Thursday’s flows did not erase the damage from weeks of redemptions, but they changed the tone. Bitcoin and ether finally found buyers, HYPE kept attracting capital, and the market moved from broad pressure to a more selective recovery.

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