BlackRock Drives $431 Million Into Bitcoin and Ether ETFs

Bitcoin and ether exchange‑traded funds (ETFs) continued a seven‑day inflow streak on Tuesday, pulling in a combined $494.17 million. The bulk of the Bitcoin inflow was driven by BlackRock’s iShares Bitcoin Trust (IBIT), while BlackRock also led the Ether side.

Bitcoin ETF inflows dominated by BlackRock

Bitcoin ETFs attracted $314.37 million in new capital. IBIT accounted for $284.42 million, more than 90 % of the total. Other contributors were Fidelity’s FBTC ($15.45 million), Grayscale’s Bitcoin Mini Trust ($6.98 million), Morgan Stanley’s MSBT ($4.52 million) and Bitwise’s BITB ($3 million). No Bitcoin fund reported an outflow. Trading volume for the category reached $3.52 billion, and net assets rose to $99.05 billion, just shy of the $100 billion milestone.

Ether ETFs see strong inflows

Ether ETFs recorded $179.80 million in net inflows. BlackRock’s ETHA contributed $146.44 million, followed by Fidelity’s FETH ($25.75 million) and BlackRock’s ETHB ($7.61 million). The Ether category saw $980.49 million in trading value and net assets of $14.88 billion, with no outflows reported.

Broader market participation

Smaller‑token ETFs also attracted capital. Solana funds added $32.25 million, led by Bitwise’s BSOL ($20.43 million). XRP products drew $23.87 million, with Bitwise contributing $11.02 million. HYPE‑related funds saw $7.51 million in inflows, led by 21Shares’ THYP ($4.28 million).

New product launch

Grayscale introduced a Zcash ETF on NYSE Arca after converting its Zcash Trust. The new fund held roughly 387,200 ZEC and reported about $314 million in assets as of August 24.

Implications

The data underscores sustained institutional demand for Bitcoin and Ether ETFs and a widening appetite for diversified digital‑asset products.