Even though there are growing concerns about a slowdown in crypto ETFs, BlackRock's iShares Bitcoin Trust is still going strong. Nate Geraci, the president of The ETF Store, said that the fund has now had 13 days in a row of inflows, totaling $3.4 billion.
Now 13 straight days of inflows into iShares Bitcoin ETF…
$3.4bil.
So, the latest numbers for spot Bitcoin ETFs are in, and they are controversial, to say the least. Exchange-traded funds on the leading cryptocurrency recorded a total net outflow of 382 BTC, equal to roughly $36.29 million, despite a strong individual showing from BlackRock, whose iShares Bitcoin Trust pulled in 2,841 BTC, adding nearly $270 million in one day.
HOT Stories Ripple Locks 700 Million XRP Tokens in Escrow Legendary Trader Bollinger Sounds Alarm Over Crypto Scammers Critical Bitcoin (BTC) Move Incoming, XRP's Volatility Explosion Coming, Is Ethereum's (ETH) Recovery Real Right Now? BREAKING: Saylor's Strategy Reports $5.8B Bitcoin Gain in Q1, Announces $84B Plan
You Might Also Like
Thu, 05/01/2025 - 15:11 'We Love to See It': Top Trader Issues Big Bitcoin Price Update ByGamza Khanzadaev
Nine of the other ten ETFs showed outflows or zero movement.
Fidelity Wise Origin Bitcoin Fund, the second-largest in holdings, saw the largest outflow of the day: 1,462 BTC gone, a reduction equal to $138.89 million, bringing its total to 198,376 BTC under management. ARK 21Shares and Bitwise also moved lower, with 1,391 and 251 BTC out respectively, while Vaneck, Valkyrie and Invesco sat flat or near zero.
May 1 Update:
10 #Bitcoin ETFs
NetFlow: -382 $BTC(-$36.68M)🔴#Fidelity outflows 1,462 $BTC($140.57M) and currently holds 198,376 $BTC($19.07B).
9 #Ethereum ETFs
NetFlow: -1,648 $ETH(-$3.03M)🔴#Grayscale(ETHE) outflows 3,987 $ETH($7.32M) and currently holds 1,144,481… pic.twitter.com/m50MGJHXcL
The full Bitcoin ETF group now holds 1,153,451 BTC, valued at $109.58 billion, but May has begun with a clear signal - capital is rotating, and it is not rushing in.
On the Ethereum side, the tone was much the same. Total net outflow reached 1,648 ETH, equal to $3.03 million. Grayscale’s primary Ethereum Trust saw 3,987 ETH withdrawn, about $7.32 million in outflows, pushing its seven-day total to more than 8,200 ETH gone.
You Might Also Like
Thu, 05/01/2025 - 14:20 Top Trader Brandt Predicts Bitcoin to $150,000 by September, Here’s Big Nuance ByYuri Molchan
The only ETF with meaningful inflow was Fidelity’s Ethereum fund, which gained 3,247 ETH, worth close to $5.97 million - a rare green light.
Let's be clear: the question now is not whether big players are still buying - BlackRock clearly is - but where the rest of the market is heading. If this is what leadership looks like, what happens when it disappears?
免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。
