đ Ethereum ETFs Explode With $729M Inflows While Bitcoin Products Ride 6-Day Bull Run
Wall Street's crypto love affair hits new highsâEthereum ETFs just vacuumed up $729 million as Bitcoin funds notch a relentless six-day inflow streak.
### The ETH ETF Gold Rush
Institutional money's flooding into Ethereum like it's 2021 all over again. The $729M haul proves even TradFi can't resist DeFi's crown jewelâthough let's see how fast they panic-sell at the first 10% dip.
### Bitcoinâs Unstoppable Momentum
Six straight days of inflows for BTC products? The OG cryptoâs flexing its institutional dominance while secretly laughing at the SECâs 2023 FUD campaign.
### The Cynicâs Corner
Funny how these same banks that called crypto a âfraudâ in 2022 are now scrambling to get ETF fees. Some things never changeâexcept the narrative when thereâs profit to be made.
BlackRock and Fidelity Dominate Ethereum Flows
On the Ethereum side, BlackRockâs NASDAQ-listed ETHA ETF was the clear leader, pulling in $500.8 million in a single session. Fidelityâs FETH ranked second with $154.7 million, followed by Grayscaleâs ETH trust at $51.3 million. Smaller but notable contributions came from Bitwise, Franklin, and VanEck, each logging inflows of between $3 million and $11 million.
Bitcoin ETFs: Ark Invest Outpaces Rivals
For bitcoin ETFs, the largest single inflow came via Ark Investâs ARKB at $36.58 million, with Fidelityâs FBTC close behind at $26.7 million. Grayscaleâs spot BTC product added $11.42 million, while Invescoâs BTCO picked up $4.90 million.
Several other funds, including those from BlackRock, Valkyrie, and WisdomTree, saw no new flows but still traded at slight premiums.
ETF Momentum Signals Deepening Institutional Footprint
The latest inflow data underscores how ETFs have become a preferred vehicle for institutional crypto exposure. These products offer regulated access without the operational complexities of self-custody, opening the door for pension funds, asset managers, and corporate treasuries to scale their positions with greater ease.
READ MORE:Market analysts note that sustained demand of this magnitude could provide a solid price floor for both BTC and ETH heading into Q4, particularly if macroeconomic conditions remain favorable and additional ETF approvals arrive in other jurisdictions.