Bitcoin ETFs Add $176M as 2-Day Inflows Top $286M

Key Takeaways

• Bitcoin ETFs drew $175.99M on Tuesday, lifting week-to-date inflows above $286M.
• Blackrock and Fidelity led buying as ether and solana remained under pressure.
• A third positive bitcoin session would signal that institutional demand is rebuilding.

Blackrock, Fidelity Drive Bitcoin ETF Streak

Bitcoin’s institutional bid strengthened Tuesday, and this time the buying widened beyond Blackrock.

Spot bitcoin exchange-traded funds (ETFs) drew $175.99 million after Monday’s $110.34 million inflow. Blackrock’s IBIT remained the dominant destination with $151.46 million, while Fidelity’s FBTC added $24.54 million.

No bitcoin fund recorded an outflow, as trading value reached $1.58 billion, with net assets rising to $103.94 billion.

The shift in breadth is important. Monday’s entire inflow came through IBIT. Tuesday added a second major buyer in Fidelity, suggesting demand is becoming less dependent on a single product.

That gives bitcoin a firmer start to the week after last week’s volatile but positive finish.

Ether’s Weakness Remains Persistent

Ether ETFs lost another $60.22 million.

Blackrock’s ETHA shed $93.28 million, extending a pattern that has made it the main source of ether ETF redemptions in recent weeks. Fidelity’s FETH attracted $28.58 million, while Grayscale’s Ether Mini Trust added $4.48 million.