Flow Tape

Bitcoin products carried the session almost entirely, with the top two inflows alone accounting for $437.5 million of the $445.7 million aggregate. Ethereum products logged the only material redemption, and the dispersion suggests a concentrated BTC bid rather than a broad cross-asset allocation.

  • IBIT (BlackRock, BTC): +$229.6M ↑
  • FBTC (Fidelity, BTC): +$207.9M ↑
  • GBTC (Grayscale, BTC): +$31.9M ↑
  • ETHA (BlackRock, ETH): -$28.6M ↓
  • BITB (Bitwise, BTC): -$10.3M ↓

7-Day Context

Trailing cumulative figures were not available at publication, with several settling days still incomplete across the complex. Wednesday's print, dominated by two issuers on the BTC side, is consistent with the single-fund concentration pattern that has recurred through recent sessions.