Flow Tape

The tape skewed heavily toward BlackRock, with IBIT and ETHA together accounting for $244.4 million of the $305.3 million net figure. Bitcoin products drove the session; ether saw a single-fund inflow, and outflows were small and dispersed across issuers rather than concentrated.

  • IBIT (BlackRock, BTC): +$195.1M ↑
  • ETHA (BlackRock, ETH): +$49.3M ↑
  • ARKB (ARK Invest, BTC): +$37.3M ↑
  • HODL (VanEck, BTC): -$14.5M ↓
  • SOLZ (ProShares, SOL): -$0.7M ↓
  • XRPI (Volatility Shares, XRP): -$0.6M ↓

Concentration in a single issuer's flagship product suggests allocator-driven routing rather than a broad-based bid across the complex.

7-Day Context

Trailing cumulative flow figures were not available at publication, with settling days still incomplete across the reporting window. Wednesday's $305.3 million print, taken on its own, is consistent with continued net demand for BTC exposure through the IBIT wrapper.