U.S. spot bitcoin ETFs lost a net $95 million on Thursday, per SoSoValue data, while ether ETFs lost about $52 million, ending a five-day inflow that had been the steadier side of the market.
Fidelity’s FBTC drove bitcoin outflows at about $63 million, followed by ARKB at about $40 million. BlackRock’s IBIT was flat, neither adding nor losing money, and VanEck’s HODL and Morgan Stanley’s MSBT were the only funds in the green. Total bitcoin ETF assets are close to $77 billion.
Ether’s turn was wider. Fidelity’s FETH lost about $34 million and BlackRock’s ETHA about $13 million, with Bitwise and BlackRock’s other fund also in the negative. No ether fund had an approach and net assets were around 9 billion. USD.
The currents lag behind the band. Bitcoin rose 3.5% on Friday to nearly $64,000 and rose 4.2% on the week, regaining all it lost when Trump warned that attacks on Iran could intensify.
Ether added 2.6% to $1,760. The rally came out of Asia, where South Korea’s Kospi jumped 4% on renewed AI demand optimism and SK Hynix priced $26.5 billion of US depositary shares.
Institutional money has now sat out the better part of a month, with bitcoin trading between around $59,000 and $66,000 without breaking even.
