Spot Bitcoin ETFs pull $238M as Ether funds snap 8-day outflow streak
Bitcoin ETFs pull in $238 million as Ether funds end an eight-day outflow streak and Solana products extend a ten-day run of inflows.
Spot crypto exchange-traded funds (ETFs) saw a rebound at the end of the week, with all Bitcoin, Ether and Solana funds seeing inflows after a week of volatility and downturns.
On Friday, spot Bitcoin (BTC) ETFs attracted $238.4 million in net inflows after a wave of heavy redemptions the day before. BlackRock’s IBIT drove the turnaround with $108 million, while smaller contributions from BITB, ARKB, and BTCO helped lift sentiment. Even Grayscale’s GBTC, long pressured by outflows, added $61.5 million, according to data from Farside Investors.
The recovery came after a bruising $903 million outflow on Thursday, the biggest outflow day in November and one of the largest single-day outflows since the products were launched in January 2024.
