Ether-focused ETFs led fund flows on the session, posting a $164.37 million net inflow that was largely concentrated in BlackRock’s ETHA, which absorbed $149.16 million. Bitcoin ETFs remained net positive with a $100.18 million inflow, supported by heavy additions to BlackRock’s IBIT. Together these moves extended a four-day run of net inflows across crypto ETFs.
Bitcoin ETFs Maintain Positive Inflows
Bitcoin ETFs recorded a $100.18 million net inflow for the day, though the picture at the fund level was mixed as large additions coexisted with significant exits. The day’s strength came overwhelmingly from BlackRock’s IBIT, which absorbed $315.79 million, while smaller inflows arrived at Grayscale’s BTC product ($6.74 million) and Valkyrie’s BRRR ($2.96 million). Those gains were partially offset by $188.89 million leaving Fidelity’s FBTC and $36.43 million from Grayscale’s GBTC; more on the outflows appears in Bitcoin ETF outflows.
Total value traded across Bitcoin ETFs reached $3.99 billion, and aggregate net assets held steady at $125.18 billion, underscoring persistent scale and liquidity in the segment despite internal rotations.
Ether ETFs Shine with Strong Performance
Ether ETFs delivered the strongest inflows of the session, posting a $164.37 million net addition driven mainly by BlackRock’s ETHA and supported by Grayscale’s Ether Mini Trust. ETHA accounted for $149.16 million of the inflow, while the Ether Mini Trust added $15.21 million, making the session broadly positive for ether-focused funds; for a wider view of fund flows see crypto ETF inflows. Trading volume for ether ETFs totaled $1.59 billion, and net assets stabilized at $20.46 billion.
XRP and Solana ETFs Continue Positive Streak
XRP ETFs extended their winning streak with a $17.06 million inflow spread across several products. Grayscale’s GXRP led with $7.20 million, Bitwise’s XRP followed with $7.16 million, and Franklin’s XRPZ added $3.36 million; Canary’s XRPC recorded a modest $659,000 outflow. Value traded in XRP ETFs stood at $21.96 million, with net assets steady at $1.51 billion.
Solana ETFs also attracted fresh capital, totaling $8.94 million in inflows for the session. Grayscale’s GSOL led with $4.89 million, Bitwise’s BSOL recorded $2.81 million, and Fidelity’s FSOL added $1.25 million, while trading activity reached $42.56 million and net assets held at $1.19 billion.
Overall Market Trends and Investor Confidence
The session extended a four-day run of net inflows across crypto ETFs, with ether emerging as the standout and bitcoin maintaining its inflow streak despite fund-level rotations. Across the major token-focused ETFs, trading volumes and net assets remained substantial, reflecting continued investor participation in multi-product ETF channels.
Why this matters
For miners, ETF inflows are a barometer of institutional demand and liquidity rather than a direct operational factor. Strong inflows into ether and sustained activity in bitcoin ETFs support secondary-market liquidity, which can influence the ease of selling mined coins. Even if ETFs do not change local mining costs or regulations in Russia, they affect market depth and the availability of buyers on exchanges.
What to do?
- Monitor liquidity and exchange spreads: keep an eye on trading volumes and order-book depth on your usual exchanges, since higher ETF activity tends to coincide with stronger liquidity.
- Plan cash-outs around higher-volume sessions: when volumes and net inflows are elevated, it is generally easier to convert coins without widening spreads, so align significant sales with such periods.
- Control operating costs: continue to prioritize electricity efficiency and preventive maintenance to protect margins independent of short-term fund flows.
- Maintain bookkeeping and compliance: track coin sales and fiat conversions carefully to meet local reporting and tax requirements, especially during active market periods.
