Bitcoin ETFs Bounce Back While Ether ETFs Cry in a Corner

In a twist that surprised absolutely no one who’s been paying attention, Bitcoin ETFs decided to stop sulking and added $76.42 million in net inflows on Tuesday, April 15. Meanwhile, Ether ETFs, like a teenager grounded for the summer, shed $14.18 million, led by Grayscale’s ETHE, which apparently forgot how to adult.

Bitcoin ETFs: The Comeback Kids

Bitcoin exchange-traded funds (ETFs) are apparently back in vogue, like a pair of bell-bottoms at a retro party. After a period of redemptions that felt longer than a Christopher Nolan movie, the market saw a second straight day of inflows, totaling $76.42 million. Investors, it seems, have decided that Bitcoin is less of a gamble than, say, trusting a vending machine with a $20 bill.

Blackrock’s IBIT, the overachiever of the group, led the charge with $38.22 million in new capital. Ark 21shares’ ARKB and Bitwise’s BITB followed closely behind, bringing in $13.42 million and $10.98 million, respectively. Grayscale’s Mini Bitcoin Trust added $8.93 million, while Franklin’s EZBC chipped in with a $4.87 million gain. Notably, no outflows were recorded across any of the 12 spot bitcoin ETFs, which is like saying no one spilled coffee on the office carpet for once.

Source: Sosovalue

Total trading activity was somewhat muted at $1.60 billion, while total net assets for bitcoin ETFs stood at $93.72 billion by day’s end. That’s a lot of zeros, even if you’re not counting the ones in your bank account.

In contrast, ether ETFs continued their downward spiral, like a hamster wheel that’s lost its hamster. The segment saw $14.18 million flow out, marking yet another day in the red. Grayscale’s ETHE led the retreat with $10.57 million in outflows, followed by Fidelity’s FETH at $3.61 million. Trading volume totaled $209.01 million, and net assets dipped to $5.36 billion. It’s almost as if Ether ETFs are trying to set a world record for “Most Consistent Disappointment.”

The diverging flows underscore a key trend: bitcoin ETF sentiment is stabilizing, but ether remains caught in a persistent outflow cycle, with no end in sight just yet. It’s like watching a soap opera where one character gets a happy ending, and the other just keeps getting hit by falling pianos.

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2025-04-16 16:57