Spot Crypto ETFs Log $28.5M Net Inflow in Thursday's Settled Tape; IBIT Captures the Bid

Spot crypto ETFs absorbed $28.5 million in net inflows in Thursday's settled session, with BlackRock's IBIT capturing more than the day's headline total at +$49.1 million as issuer reports landed late Friday. The print marks a modest positive tape, masked by sizable single-fund outflows at ARKB and BTCO.

Flow Tape

InflowScan data shows the bid was concentrated rather than broad. IBIT's $49.1 million haul more than carried the complex, with ETHA adding $19.8 million and Morgan Stanley's MSBT logging $9.9 million. Offsetting that, ARK's ARKB shed $21.4 million and Invesco's BTCO lost $13.0 million, while Bitwise's BSOL registered the only material outflow on the solana side at $11.6 million.

IBIT (BlackRock, BTC): +$49.1M ↑
ETHA (BlackRock, ETH): +$19.8M ↑
MSBT (Morgan Stanley, BTC): +$9.9M ↑
ARKB (ARK Invest, BTC): -$21.4M ↓
BTCO (Invesco, BTC): -$13.0M ↓
BSOL (Bitwise, SOL): -$11.6M ↓

The dispersion points to issuer-level rotation within the BTC complex rather than a directional shift in net positioning.

30-Day Context

Thursday's print extends the trailing 30-day cumulative net inflow to +$173.3 million, according to InflowScan data. Seven-day cumulative figures remain incomplete as settlement days finalize and are not cited here. The modest size of today's tape is consistent with a complex that has held a positive bias over the trailing month without sustained conviction in either direction.