Crypto ETFs Absorb $255 Million in Settled Session; IBIT Captures Two-Thirds of Net Bid

Spot crypto ETFs absorbed $255 million in net inflows in Tuesday's settled session, with BlackRock's IBIT capturing roughly two-thirds of the tape as today's issuer reports landed. The bid skewed heavily toward bitcoin, with ETHA the sole meaningful ether contributor and outflows limited to a single fund.

Flow Tape

InflowScan data shows the settled bid was narrow rather than broad, with IBIT alone accounting for 66% of the total net inflow and the top three funds collectively absorbing more than the full session tally. Outflows barely registered — a single Fidelity ether product printed the only negative line.

IBIT (BlackRock, BTC): +$169.3M ↑
ETHA (BlackRock, ETH): +$42.3M ↑
FBTC (Fidelity, BTC): +$19.5M ↑

FETH (Fidelity, ETH): -$0.9M ↓

The concentration in BlackRock products — IBIT and ETHA together printed $211.6M, or 83% of the session total — points to allocator routing through the largest liquidity pools rather than dispersed retail bid.

7-Day Context

Trailing cumulative flow figures were not available at print, with settling days for the prior week still incomplete. Tuesday's +$255M print, taken in isolation, is consistent with the pattern of BlackRock-led bitcoin absorption that has framed recent settled sessions.