Spot Crypto ETFs Absorb $676M in Settled Session; IBIT Captures Two-Thirds of Bid

Spot crypto ETFs absorbed $676 million in net inflows in Thursday's settled session, with BlackRock's IBIT capturing $430 million — nearly two-thirds of the day's total bid, according to InflowScan data. Fidelity's FBTC added $71 million, while modest outflows from VanEck's HODL and two solana products trimmed the aggregate.

Flow Tape

Thursday's tape shows a heavily concentrated bid, with IBIT alone accounting for roughly 64% of the session's net creations. The top three inflows were bitcoin- and ether-denominated, while all three top outflows sat at a fraction of the leaders' size, pointing to a one-sided book rather than a two-way rotation.

IBIT (BlackRock, BTC): +$430.3M ↑
FBTC (Fidelity, BTC): +$70.6M ↑
ETHA (BlackRock, ETH): +$68.5M ↑
HODL (VanEck, BTC): -$18.6M ↓
SOLT (Volatility Shares, SOL): -$7.2M ↓
BSOL (Bitwise, SOL): -$6.1M ↓

The BTC complex logged nine-figure net creations while the SOL complex leaned red across two of its largest products, suggesting product-level repositioning inside solana rather than a broad asset exit.

7-Day Context

Trailing 7-day and 30-day cumulative tallies are not yet available while intra-week settlements complete, per InflowScan data. Thursday's print is consistent with the concentrated-issuer pattern that has defined recent BTC ETF creations, with IBIT again setting the pace.