Overview
- Bitcoin exchange-traded funds took in $7.8 million in net new money, powered by $83.3 million into Fidelity’s FBTC that offset $70.7 million leaving BlackRock’s IBIT.
- Ethereum funds recorded $8.5 million in net withdrawals, led by $33.4 million out of BlackRock’s ETHA while Fidelity’s FETH drew $23.8 million in purchases.
- Solana ETFs showed no net creations or redemptions, and XRP products added $1.26 million, all of it into Bitwise’s fund.
- Corporate Bitcoin buying has narrowed to one dominant treasurer, with Strategy now holding about three quarters of company-owned BTC after adding roughly 45,000 coins over the past month.
- Bitcoin traded near $69,000 as reports of rising U.S.–Iran tensions put markets in the red, a backdrop that helps explain cautious, tactical shifts between ETF brands.