Flow Tape
The bid concentrated at the top. FBTC took the lion's share, with BlackRock's twin products splitting the balance across BTC and ETH exposure. Every reporting fund across BTC, ETH, and SOL landed positive; the XRP cohort reported 8 of 9 funds. The absence of a single net-outflow ticker is consistent with broad-based issuer demand rather than fund-of-fund rotation.
Top outflows: none. No fund on the settled tape recorded a net redemption.
7-Day Context
Trailing cumulative flow figures are not available for this print — several settling days in the seven-day window remain incomplete on the issuer side, per InflowScan data. Friday's $509 million absorption stands on its own as the most recent fully-reported session, and the zero-outflow tape is consistent with the constructive posture seen in prior single-session prints this month.