Key Takeaways
- Blackrocks IBIT led $314.37M into bitcoin ETFs on Tuesday, extending inflows to seven sessions.
- Solana, XRP, and HYPE gained $63.63M combined, showing institutional demand is broadening.
- Grayscale launched ZCSH with $314M in assets, testing demand beyond major crypto ETFs.
Blackrock Captures Over 90% of $314.37M Bitcoin ETF Inflow
The late-August bid showed no sign of fading.
Money kept moving into crypto ETFs across the board, with bitcoin funds pushing closer to $100 billion in assets and ether products adding another sizeable haul. Smaller-token funds also attracted fresh capital, giving the session one of the broadest positive flow profiles of the month.
Bitcoin ETFs collected $314.37 million, led overwhelmingly by Blackrock‘s IBIT. IBIT drew $284.42 million, accounting for more than 90% of the daily total. Fidelity’s FBTC followed with $15.45 million, while Grayscales Bitcoin Mini Trust added $6.98 million.
Seven-day inflow for bitcoin ETFs hits $2.57 billion. Source: Sosovalue
Morgan Stanley‘s MSBT brought in $4.52 million, and Bitwise’s BITB added $3 million. No Bitcoin fund recorded an outflow. Trading value reached $3.52 billion, while combined net assets climbed to $99.05 billion, leaving the category just short of the $100 billion mark.
Ether ETFs also extended their winning streak with $179.80 million in net inflows.
Blackrock‘s ETHA led with $146.44 million. Fidelity’s FETH added $25.75 million, while Blackrocks ETHB received $7.61 million. No outflows were reported. Ether ETF trading value reached $980.49 million, with net assets closing at $14.88 billion.
Solana, XRP and HYPE Keep the Breadth Intact
Solana ETFs drew $32.25 million. Bitwise‘s BSOL led with $20.43 million, followed by $5.20 million into Grayscale’s GSOL and $4.93 million into Fidelity‘s FSOL. Franklin Templeton’s SOEZ added $1.70 million. Solana ETF assets closed at $1.27 billion on $86.15 million in trading value.
XRP funds brought in $23.87 million across four products. Bitwise led with $11.02 million, followed by Franklin Templeton‘s XRPZ at $6.39 million. Grayscale’s GXRP and Canarys XRPC added $4.28 million and $2.19 million, respectively.
HYPE ETFs gained $7.51 million, led by $4.28 million into 21Shares‘ THYP. Grayscale’s HYPG added $2.31 million, while Bitwises BHYP received about $922,000.
The expanding ETF market also gained another product on Tuesday. Grayscale launched its Zcash ETF on NYSE Arca after converting the Grayscale Zcash Trust. The fund had about $314 million in assets as of August 24 and held roughly 387,200 ZEC.
The session reinforced the strength of the current institutional bid, with demand extending from bitcoin and ether into a widening group of digital assets.