Bitcoin ETFs drew a modest inflow on Friday after two days of heavy redemptions, led by Blackrock's IBIT. Ether funds kept losing capital for a ninth straight session, while NEAR products kept attracting buyers.
Bitcoin exchange-traded funds drew $21.13 million on Friday, ending two days of heavy redemptions. Blackrock's IBIT led with a $22.38 million inflow.
Bitcoin funds stabilize after redemptions
Vaneck's HODL added $2.33 million, while Fidelity's FBTC lost $3.58 million. Trading value fell to $1.44 billion, and net assets recovered to $105.84 billion.
The smaller inflow matters because it broke the recent run of selling. Nearly $1 billion left bitcoin and ether ETFs across Wednesday and Thursday combined, so Friday suggested that institutional pressure may be easing at the margin.
Ether outflow streak reaches nine sessions
Ether ETFs lost $56.10 million, extending their outflow streak to nine consecutive sessions. The full withdrawal came from Blackrock's ETHA. Trading activity dropped to $595.23 million, and net assets closed at $15.71 billion.
Meanwhile, NEAR ETFs continued to find buyers. Bitwise's NRR attracted $5.13 million, lifting net assets to $66.07 million. Solana moved the other way: Bitwise's BSOL recorded a $3.76 million outflow, leaving category net assets at $1.73 billion.
Glassnode says new money has slowed
Glassnode noted that existing holders appear to be doing much of the work behind the current bitcoin rally, while new capital from ETFs, stablecoins and corporate treasuries has slowed. That pattern resembles earlier phases of the 2024 and 2025 advances, though those periods were supported by much stronger fresh inflows.
Bitcoin can continue to rise on tighter supply and conviction from existing holders, but a broader and more durable advance would likely benefit from a renewed pickup in new money. Friday's ETF data offered a first hint of stabilization, not yet a demand surge.
Source: Bitcoin News
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