The cryptocurrency ETF market lit up on Monday, August 11, delivering a performance that could make financial history blush. Ether exchange-traded funds (ETFs) didn’t just have a good day—they shattered records, pulling in a staggering $1.02 billion in net inflows, marking the largest single-day increase ever. Meanwhile, Bitcoin ETFs quietly kept the recovery rally alive with $178.15 million in net inflows. Remarkably, both markets recorded zero outflows and witnessed strong trading activity.
BlackRock Leads the Ether ETF Charge
Ether ETFs dominated headlines with their historic performance. BlackRock’s ETHA took the lion’s share, attracting an impressive $639.79 million in inflows. Fidelity’s FETH followed closely, securing $276.90 million. Grayscale’s Ether Mini Trust brought in $66.57 million, while its flagship ETHE fund added another $13.01 million.
Other notable contributions included VanEck’s ETHV with $9.42 million, Franklin’s EZET with $4.88 million, Bitwise’s ETHW with $4.30 million, and 21Shares’ CETH with $3.86 million. Altogether, total trading volume for Ether ETFs surged to $2.77 billion, pushing total net assets to a record $25.71 billion.
Bitcoin ETFs Hold Their Ground
While Ether stole the spotlight, Bitcoin ETFs continued to post healthy gains across the board. BlackRock’s IBIT absorbed $138.25 million, with Grayscale’s Bitcoin Mini Trust and Fidelity’s FBTC adding $14.24 million and $12.99 million respectively. Grayscale’s GBTC contributed $7.49 million, and Bitwise’s BITB rounded out the day with $5.19 million in inflows.
Bitcoin ETFs also enjoyed no recorded outflows, with trading volumes reaching $3.66 billion and total net assets climbing to $154.42 billion.
Market Sentiment: Ether Fever Meets Bitcoin Stability
The message from the market is clear—institutional appetite for Ether is reaching a fever pitch, while Bitcoin remains the steady, reliable counterpart in the crypto investment space. This surge in ETF inflows highlights a growing institutional conviction in Ethereum’s role within the broader digital asset landscape, particularly as it positions itself for future growth in decentralized finance, smart contracts, and tokenization.
If these inflow trends continue at this pace, the remainder of the week could set the tone for the rest of the quarter, shaping investor sentiment and potentially igniting further rallies in both Ether and Bitcoin markets.
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