Bitcoin ETFs take in $134m as seven-day streak reaches $2.98bn
US bitcoin funds drew $134.47m on Friday, a seventh straight session of inflows, while solana ETFs nearly matched ether's daily haul as demand broadened.
Key points
- Bitcoin ETFs added $134.47m on Friday, taking their seven-session inflow total to about $2.98bn
- Blackrock's IBIT led with $96.99m, Fidelity's FBTC added $49.32m and Bitwise's BITB lost $11.85m
- Ether ETFs brought in $86.95m for a sixth straight day, with Blackrock's ETHA and ETHB together supplying most of it
- Solana ETFs attracted $86.67m, led by Bitwise's BSOL at $55.73m, and XRP ETFs took in $22.65m
- HYPE ETFs added $3.24m, all of it into Grayscale's HYPG
US crypto exchange-traded funds closed Friday broadly higher, with bitcoin funds drawing $134.47m and extending their run of inflows to seven sessions, Bitcoin.com News reports. That streak has now brought in roughly $2.98bn, one of the clearest institutional signals in the crypto market this month.
Blackrock's IBIT remained the main destination for fresh capital, adding $96.99m. Fidelity's FBTC followed with $49.32m, while Bitwise's BITB moved against the trend and shed $11.85m. Daily trading volume across the bitcoin funds reached $2.26bn and net assets closed at $108.42bn.
The uninterrupted demand gives bitcoin a firmer institutional backdrop after a volatile stretch earlier in September. Bitcoin.com News notes that the largest digital asset still commands the biggest allocations, even as money spreads to other products.
Bitcoin funds extend streak
Ether ETFs finished comfortably in the green too, bringing in $86.95m for a sixth consecutive session. Blackrock dominated activity across its two ether products, with ETHA attracting $50.37m and the staking-focused ETHB adding $31.88m, while Fidelity's FETH contributed $4.69m. Trading activity totalled $735.08m and net assets closed at $17.78bn.
Solana produced the standout altcoin reading of the day, attracting $86.67m and nearly matching the ether haul. Bitwise's BSOL led with $55.73m, Grayscale's GSOL added $18.47m and Morgan Stanley's MSOL drew $5.96m, with Vaneck's VSOL and Fidelity's FSOL adding $3.28m and $3.23m. Trading value jumped to $202m and net assets closed at $1.96bn.
XRP ETFs attracted $22.65m, of which Bitwise's fund accounted for $18.39m and Franklin's XRPZ added $4.26m. Trading value reached $57.75m and net assets rose to $1.77bn, a signal traders can weigh alongside XRP's 7.48% gain over the week. HYPE ETFs also ended higher, with Grayscale's HYPG taking the full $3.24m inflow, trading volume of $19.11m and net assets of $502.05m.
Ether and solana inflows
Friday capped a week of broad and consistent demand across the listed crypto funds. Bitcoin extended its streak to seven sessions, ether stayed green for a sixth day, and solana emerged as the strongest challenger for incremental capital. Bitcoin.com News says attention now turns to the new week to see whether the trend continues or gives way to outflows.