Bitcoin and Ether ETFs draw $128M as crypto rebounds
In short
Bitcoin and Ether ETFs attracted $128 million as crypto prices bounced back after the midterms.
Fidelity led the Bitcoin ETF inflows, while BlackRock’s IBIT lost another $201 million over four trading sessions. That shows investor money is still moving unevenly across crypto funds.
What the reporting says
Bitcoin and Ether ETFs drew $128 million as crypto rebounded after the midterms, with Fidelity leading Bitcoin ETF inflows. BlackRock’s IBIT shed another $201 million, extending its outflow streak to four trading sessions.
Why it matters
Bitcoin and Ether exchange-traded funds drew $128 million during a crypto rebound after the midterms. Fidelity led Bitcoin ETF inflows, while BlackRock’s IBIT recorded another $201 million in outflows, extending its losing run to four sessions. The flows matter for crypto investors and ETF managers because they show uneven demand across products even as the wider market recovered.