Flow Tape

The bid was concentrated but not narrow. BlackRock and Fidelity's bitcoin flagships drove the headline, while BlackRock's ETHA extended the ether product's steady accumulation. Wednesday's session marks a clean tape — every reporting fund settled in positive territory, according to InflowScan data, a pattern more consistent with mechanical allocation than opportunistic buying.

  • IBIT (BlackRock, BTC): +$170.3M ↑
  • FBTC (Fidelity, BTC): +$146.6M ↑
  • ETHA (BlackRock, ETH): +$52.4M ↑

Top outflows: none. No fund in the coverage universe settled with a net redemption.

7-Day Context

Trailing 7-day and 30-day cumulative tallies were incomplete at publication as settling days finalize. Today's print, taken on its own, extends the recent pattern of BTC-led inflows with ETHA providing a secondary anchor on the ether side.