Wall Street's interest in cryptocurrencies remained strong right up until the market close.
After a week of relentless buying, bitcoin ETFs closed Friday with another significant inflow, pushing total assets to $96.07 billion. Ether funds posted their own five-day winning streak, while demand for $XRP and Solana accelerated towards the end of the week.
Bitcoin Funds Conclude Week with Exceptionally Positive Figures
Bitcoin ETFs attracted $307.45 million across seven funds, with no outflows recorded. BlackRock's IBIT fund led with $239.28 million, accounting for roughly 77% of the total daily volume. It was followed by Fidelity's FBTC fund with $30.19 million, and Grayscale's Bitcoin Mini Trust with $13.62 million.
Bitwise's BITB fund attracted $9.21 million. Morgan Stanley's MSBT brought in $7.73 million, Vaneck's HODL $4.36 million, and ARK 21Shares' ARKB $3.07 million.
Daily trading volume reached $6.37 billion. Net assets increased by approximately $6 billion compared to Thursday, reaching $96.07 billion, bringing the category close to the $100 billion mark once again.
Friday concluded a five-session inflow streak totaling about $1.92 billion. Momentum significantly picked up over the last three sessions of the week amid rising bitcoin prices and increased institutional investment.
They were followed by Ether ETFs with a net inflow of $184.93 million, bringing their five-day total to $697.18 million. BlackRock's ETHA fund again led the pack, attracting $150.83 million, or about 82% of Friday's total inflows. Grayscale's Ether Mini Trust attracted $11.51 million, and BlackRock's ETHB fund attracted $9.94 million.
Fidelity's FETH fund attracted $9.62 million, Bitwise's ETHW attracted $2.24 million, and Morgan Stanley's MSSE about $779,000. No fund registered an outflow. Ether ETF trading volume reached $1.67 billion, with net assets at the close standing at $14.29 billion.
$XRP and Solana Continue Their Rally
$XRP ETFs attracted $18.38 million. Bitwise's $XRP fund led with $16.89 million, while Franklin Templeton's XRPZ fund attracted $1.49 million. Trading volume reached $94.03 million, and $XRP ETF assets grew to $1.33 billion.
Solana funds attracted a further $10.07 million. Bitwise's BSOL fund received $8.73 million, and Fidelity's FSOL received $1.35 million. Total assets at the end of the day stood at $1.12 billion.
HYPE ETF funds registered no net inflows.
The scale of demand on Friday capped off an outstanding week. Every bitcoin and ether ETF that reported inflows ended the session without a single buyback, driving institutional demand for cryptocurrency to its highest level in recent months.
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