Compass Investments

– Ark Invest’s ARKB fund also attracted $118.8 million, while Grayscale saw inflows of $17.6 million. Meanwhile, other cryptocurrency funds saw little to no inflows.

However, on April 7, bitcoin-ETFs experienced an outflow of $159.1 million: the largest amount, $47.8 million, went from FBTC from Fidelity. It was followed by GBTC from Grayscale with an outflow of $41.9 million, and IBIT from BlackRock withdrew $17.1 million.

Even on April 8, the day of the ceasefire announcement, outflows continued: the total outflow for BTC ETFs amounted to $93.9 mln. On that day, only FBTC from Fidelity, ARKB from Ark Invest and GBTC from Grayscale recorded outflows of $79.1 mln, $74.7 mln and $11.1 mln, respectively.

All other ETFs showed inflows, with IBIT leading the way with $40.4 mln. Interestingly, the situation changed on April 9 and 10, when the BTC ETF received $358.1 mln and $240.2 mln, respectively. On both days, IBIT saw maximum inflows of $269.3 million and $137.6 million, respectively. At the same time, GBTC from Grayscale showed zero inflows on both days.

ETF on spot Ethereum [ETH] repeated the trends of BTC ETF.

On April 6, the ETH ETF saw inflows of $120.2 million, led by BlackRock’s ETHA at $60.8 million and Fidelity’s FBTC at $40.1 million.

April 7 and 8, ETH ETFs saw outflows of $64.7 million and $18.6 million, respectively. On both days, Fidelity’s FBTC led the outflows, followed by BlackRock’s ETHA. Interestingly, on April 8, ETHB from BlackRock recorded the maximum inflow of $44.2 million.

On April 9, however, the mood changed: ETH ETFs attracted $85.2 million. On that day, ETHA was the largest inflow with $90.9 million, while Fidelity’s FETH topped the outflow list with $21 million.

In the last days of the week, ETH ETFs showed inflows of $64.9 million, where the main contribution ($53.7 million) came from BlackRock’s ETHA, while other funds had minimal or no inflows. Only FETH recorded a small outflow of $0.6 mln.

Was there a similar pattern in spot Solana ETFs?

According to Farside Investors, the Solana Spot ETF [SOL] has performed slightly differently than the funds mentioned above.

On April 6, the SOL ETF had no flows. However, the next two days saw outflows – $15.3 million and $2 million, respectively. On April 7, the outflow leader was BSOL from Bitwise with $13.3 million, followed by GSOL from Grayscale ($1.8 million) and FSOL from Fidelity ($0.2 million), while the rest showed zero outflows. On April 9, there was no activity again.

However, on April 10, SOL ETFs attracted $11.5 mln. Notably, all of this inflow came from Bitwise’s BSOL, while other ETFs recorded zero inflows.

What about spot XRP ETFs?

On April 6, the Ripple [XRP] ETF had no flows, followed by inflows of $3.32 million the next day. On April 8, flows returned to zero, and on April 9, the ETF recorded a modest outflow of $661,160.

However, on the last day of last week, the Spot XRP ETF saw inflows of $9.09 million.

Bitcoin and Efirium spot ETFs followed a similar vector last week.