Market Overview
Crypto ETF inflows continued their positive streak Thursday, with partial data showing $84.2 million in net inflows across reported funds. The figure is incomplete — key issuers including ARKB, GBTC, ETHE, and FETH have not yet settled — but the direction is consistent with a seven-day cumulative total that has now reached $1.15 billion. Prices across major assets were essentially flat over the past 24 hours, suggesting the week's gains are consolidating ahead of Friday's session.
ETF Flows
Thursday's settled session showed $84.2 million in net inflows across partially reported funds. Coverage was uneven: 8 of 10 Bitcoin funds, 6 of 9 Ethereum funds, 9 of 11 Solana funds, and all 9 XRP funds had reported as of this morning. Remaining issuers are still settling, and the final aggregate may shift materially once ARKB, GBTC, ETHE, FETH, and others publish.
Top Inflows:
Top Outflows:
BlackRock dominated Thursday's flow picture, accounting for all three of the top inflow entries through IBIT and ETHA. The combined $112.2 million into BlackRock products dwarfed the $44.5 million in reported outflows, suggesting continued institutional preference for the largest issuer. Fidelity's FBTC redemption of $35.9 million was the session's largest single outflow but appears modest relative to the fund's AUM, pointing to routine rebalancing rather than a directional signal.
Seven-day cumulative flows stand at $1.15 billion in net inflows, while the 30-day figure of $723.3 million reflects a slower accumulation pace over the longer window. The gap between the two timeframes suggests flow momentum has accelerated meaningfully over the past week.
Asset Price Analysis
Bitcoin was essentially unchanged at $75,186 over the past 24 hours, consolidating after a +3.0% ↑ weekly gain. The $75,000 level has acted as a near-term floor through the week, and a sustained hold above it may reinforce it as support heading into the weekend. Resistance around $76,500–$77,000 — the upper bound of recent trading — remains the level to watch for any breakout attempt.
Ethereum traded at $2,349, flat on the day but up +4.7% ↑ on the week. ETH has outperformed BTC on a seven-day basis, a shift that aligns with ETHA's continued inflows. The 30-day picture is less constructive at -0.1% ↓, indicating that this week's rally has only recouped recent losses.
Solana held at $89.12, posting the strongest weekly gain among major assets at +5.1% ↑. However, the 30-day decline of -7.3% ↓ underscores that SOL remains in a recovery posture. A push through the $90 psychological level would be the first sign of a potential trend shift.
XRP led weekly performance at +7.2% ↑, trading at $1.45. Franklin's XRPZ drew $5.3 million in inflows Thursday — a modest sum but consistent with growing product-level interest. Like SOL, XRP's 30-day picture remains negative at -5.8% ↓, tempering the weekly bounce.
Stablecoin Flows
Stablecoin supply expanded by a combined $407.7 million over the past 24 hours, with USDT adding $322.3 million to reach $185.8 billion and USDC growing by $85.3 million to $78.7 billion. The continued expansion of stablecoin supply suggests fresh capital is entering the ecosystem, which could provide a bid beneath current price levels if deployed into spot markets.
Outlook
Friday's session closes out a constructive week for both flows and prices, but several variables remain unsettled. Key factors to watch:
- Outstanding flow reports: ARKB, GBTC, ETHE, FETH, FSOL, and GSOL have not yet reported Thursday's figures. Final settled data — particularly from Grayscale's GBTC and ETHE — could materially alter the session's net flow picture. Watch for those numbers to populate through Friday morning.
- BTC at $75,000: This round-number level has held as support all week. A Friday close above it would mark a clean weekly hold and could attract momentum flows into Monday. A break below it heading into the weekend may trigger cautious positioning.
- SOL at $90: Solana is testing the $90 psychological barrier. A decisive move through it could shift the 30-day trend narrative from recovery to reversal.
- Stablecoin momentum: A $400M+ daily expansion in stablecoin supply is a data point worth tracking into next week. Sustained growth at this pace may indicate sidelined capital preparing to deploy.