Bitcoin ETFs Post Fresh Outflows as Ether Funds Break Inflow Streak

U.S. spot bitcoin ETFs recorded a net outflow of $95 million on Thursday, according to SoSoValue data. Fidelity’s FBTC led the losses with about $63 million pulled out, followed by ARKB with roughly $40 million in outflows. BlackRock’s IBIT saw no change in flows, while VanEck’s HODL and Morgan Stanley’s MSBT were the only funds to post gains. Total assets across bitcoin ETFs now stand near $77 billion.

Ether ETFs End Five-Day Winning Run

Ether funds also turned negative, shedding about $52 million and snapping a five day streak of inflows. Fidelity’s FETH lost around $34 million, while BlackRock’s ETHA gave up roughly $13 million. Every tracked ether fund posted losses on the day, with total ether ETF assets holding near $9 billion.

Price Action Tells a Different Story

The outflows come even as prices moved higher. Bitcoin rose 3.5% on Friday to trade near $64,000, up 4.2% for the week, recovering losses tied to earlier concerns over potential escalation in Iran. Ether gained 2.6% to reach $1,760. Much of the rally traced back to strength in Asian markets, where South Korea’s Kospi jumped 4% amid renewed optimism around AI demand and SK Hynix’s large US share offering.

Institutional Money Stays on the Sidelines

Despite the price gains, institutional investors have largely stayed out of the market for most of the past month, with bitcoin trading in a tight range between roughly $59,000 and $66,000 without a clear breakout in either direction.