According to the latest data on Friday, bitcoin and ether spot ETFs once again recorded positive cash flow, ending a breakthrough week in the market.

$293 million Bitcoin, $85 million Ether Inflows on Friday

In the United States, spot bitcoin ETFs brought in $293.47 million just on Friday alone. Leading the charge was Blackrock's IBIT, with an impressive $206.13 million accumulated during the trading day. Fidelity's FBTC followed with $33.52 million, while Bitwise's BITB brought in $23 million and Franklin Templeton's EZBC brought in $17.80 million.

Vaneck's HODL rounded out Friday's gains with $13.03 million, while the remaining funds remained stable, recording no changes. Overall, $2.84 billion in trading was settled on Friday, bringing the cumulative cash flow since January 11 to a remarkable $25.79 billion, according to sosovalue.xyz.

Spot ether ETFs also had a positive day, bringing in $85.86 million. Blackrock's ETHA led with a total of $59.77 million, followed by Fidelity's FETH with $18.40 million and Vaneck's ETHV, which brought in $4.31 million. Bitwise's ETHW gained an additional $3.38 million.

These recent cash flows have significantly reduced the net outflow of nine ether ETFs, which has now decreased to $336.78 million from over half a billion just two weeks ago. Data from sosovalue.xyz shows that the nine ETH funds have had $469.13 million in trading, with spot ETH funds holding a total of $8.27 billion in ether, while bitcoin ETFs currently hold a massive $78.91 billion in bitcoin.

Follow Wendy for updates on useful information from the cryptocurrency market 😉

#binance #wendy #bitcoin #eth $BTC $ETH $BNB