Spot Bitcoin exchange-traded funds (ETFs) continued their positive streak, posting net inflows of $173 million on Tuesday, April 29 — marking the eighth consecutive day of gains.
The rally was led by BlackRock’s IBIT fund, which attracted $216.73 million in fresh capital, cementing its position as the dominant force in the market during this phase.
Mixed Results Across Other Funds
Despite the strong overall inflows, several other Bitcoin ETFs saw net outflows:
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Bitwise’s BITB: -$24.39 million
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Ark 21Shares’ ARKB: -$13.32 million
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Fidelity’s FBTC: -$6.24 million
Still, the scale of inflows into IBIT more than offset these losses, keeping aggregate flows firmly positive and bolstering market sentiment around digital asset investment vehicles.
New Highs in AUM and Trading Volume
Total Bitcoin ETF assets under management (AUM) climbed to a new record of $110.17 billion, while trading volume reached $2.01 billion — a clear signal of renewed institutional interest in crypto through regulated channels.
Ether ETFs Maintain Momentum
Meanwhile, Ether-focused ETFs also saw gains for the fourth consecutive day, with $18.40 million in net inflows reported Tuesday.
Key performers:
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Fidelity’s FETH: +$25.52 million
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Grayscale’s ETHE: -$7.12 million
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Other Ether funds: largely flat
Total Ether ETF trading volume reached $184.32 million, with AUM rising to $6.30 billion — reflecting a gradual rebound in investor confidence following recent market softness.
