U.S. spot bitcoin ETFs lost a net $95 million on Thursday, according to SoSoValue data, while ether ETFs lost about $52 million, ending a five-day surge period that had been the steadier side of the market.
Fidelity’s FBTC led Bitcoin’s exit with around $63 million, followed by ARKB with around $40 million. BlackRock’s IBIT remained flat, with no additions or losses, and VanEck’s HODL and Morgan Stanley’s MSBT were the only funds in the green. Total Bitcoin ETF assets stand at nearly $77 billion.
Ether’s reversal was broader. Fidelity’s FETH lost around $34 million and BlackRock’s ETHA around $13 million, with Bitwise and BlackRock’s second fund also negative. No ether funds saw inflows and net assets remained at around $9 billion.
Streams lag behind the tape. Bitcoin rose 3.5% on Friday to nearly $64,000 and was up 4.2% for the week, regaining everything it lost when Trump warned that strikes on Iran could intensify.
Ether added 2.6% to $1,760. The rise came from Asia, where South Korea’s Kospi jumped 4% on renewed optimism about AI demand and SK Hynix valued $26.5 billion in American depositary shares.
Institutional money has now been on hold for the better part of a month in which bitcoin has traded between around $59,000 and $66,000 without breaking down one way or the other.
