Bitcoin & Ether ETFs Defy Gravity: Blackrock’s Big Win! 🚀

Oh, the thrill of the digital jungle! Bitcoin ETFs swooped in with an $87 million splash, all thanks to Blackrock’s heroic performance, while Fidelity played the sour grapes with a hefty outflow. Ether ETFs? Still hot with 13 sizzling days of green, raking in $56.98 million. Who said the crypto train was slowing? Choo-choo! 🚂💸

$87 Million Inflow Pushes Bitcoin ETFs Higher With Ether ETFs Seeing Continued Momentum

Momentum remains stubbornly relentless—like that friend who never leaves the party. Bitcoin ETFs added another feather to their cap with a net inflow of $86.92 million, as markets delight in finding their bullish groove. 🎉

Leading the charge were two giants: Blackrock’s IBIT, inflow rockstar with a staggering $283.96 million, stealing the show and probably the snacks, too. Fidelity’s FBTC, on the other hand, decided to take a dive and posted a $197.04 million outflow. But fear not! Even with that, the day ended with bitcoin ETFs slightly richer and feeling pretty smug about it.

The total dollar detour hit an eye-popping $2.38 billion, while bitcoin ETF total assets grew to an impressive $126.67 billion. Yes, billion—because apparently, that’s just pocket change for the market gods.

Ether ETFs? Still partying like it’s 2010—13 days of net inflows and counting. The latest: $56.98 million flown in, with Blackrock’s ETHA leading the parade, grabbing $73.18 million, because why not? Grayscale’s Ether Mini Trust threw in $7.42 million to keep the party lively. Fidelity’s FETH, however, decided to sit this one out with a $23.62 million departure—maybe it’s tired from all that bullish action?

Despite Fidelity’s little exit, ether ETFs maintained their green glow, trading $386.06 million across the board, pushing total assets to $9.88 billion. Keep calm and HODL, folks—bullish vibes are hard to kill! 🤑

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2025-06-05 20:57