Key Takeaways
- Blackrock led $606.29M into bitcoin exchange-traded funds (ETFs) on Thursday, with IBIT capturing 82% of inflows.
- Solana gained $14.58M, XRP $13.24M, and HYPE $5.86M as ETF demand broadened.
- Bitcoin ETF assets hit $90.16B, testing whether August’s rally can keep widening.
Demand Surges as Bitcoin ETFs Add $606.29M
The ETF market caught another wave of the crypto rally on Thursday, and this time the buying reached almost every corner.
Bitcoin funds drew more than $600 million in fresh capital, extending a powerful run that has accompanied the cryptocurrency’s climb above $70,000. Ether followed with another large inflow, while solana, XRP, and HYPE products also gained.
Blackrock Captures 82% of Bitcoin Inflows
Bitcoin ETFs recorded $606.29 million in net inflows across five funds.
Blackrock’s IBIT dominated the session with $502.99 million, accounting for about 82% of the daily total. Fidelity’s FBTC added $64.74 million, while Bitwise’s BITB attracted $26.39 million.
ARK 21Shares’ ARKB brought in $12.15 million, and Invesco’s BTCO added $3.61 million. Vaneck’s HODL was the only fund to move against the tide, posting a $3.59 million outflow.
Trading remained elevated after Wednesday’s surge. Total bitcoin ETF turnover reached $5.41 billion, while combined net assets climbed to $90.16 billion, nearly $6 billion above the previous session.

Ether ETFs also produced another heavy inflow day, collecting $220.77 million across six products. Blackrock’s ETHA led with $173.30 million. Its ETHB fund added $35.90 million, while Fidelity’s FETH brought in $5.79 million.
Bitwise’s ETHW gained $2.83 million, Vaneck’s ETHV added $1.70 million, and Morgan Stanley’s MSSE received $1.25 million. No ether ETF recorded an outflow. Total ether ETF trading value reached $2.05 billion, with net assets rising to $13.58 billion.
Solana and XRP Join the Rally
Solana ETFs attracted $14.58 million, led by $7.14 million into Grayscale’s GSOL and $6.57 million into Bitwise’s BSOL. Vaneck’s VSOL added roughly $878,000. Solana ETF trading volume totaled $75.52 million, while net assets crossed the billion-dollar mark, closing at $1.06 billion.
XRP ETFs also enjoyed a strong session, adding $13.24 million. Bitwise’s XRP fund captured $9.90 million, while Franklin Templeton’s XRPZ brought in $3.34 million. Trading value surged to $125.45 million, and combined net assets reached $1.17 billion.
HYPE ETFs completed a broadly positive day with $5.86 million in net inflows, bringing net assets to $350.31 million.
Thursday’s figures extended a striking shift in institutional positioning. Large allocations continued to favor bitcoin and ether, while stronger flows into solana, XRP and HYPE showed that demand was spreading further across the crypto ETF market.


