Blackrock Ignites Crypto ETF Comeback as Bitcoin, Ether Flows Turn Green

Crypto ETF flows remained constructive on Wednesday, July 15, as bitcoin ETFs added $107.80 million and ether ETFs brought in $53.83 million, with no outflows recorded across either group.

Bitcoin ETFs recorded $107.80 million in net inflows, led once again by Blackrock’s IBIT, which added $80.82 million. Fidelity’s FBTC followed with $16.94 million, while Grayscale’s Bitcoin Mini Trust brought in $10.05 million. No bitcoin ETF posted an outflow for the day. Total bitcoin ETF value traded reached $1.58 billion, while total net assets closed at $78.47 billion.

Ether ETFs also finished firmly in the green, adding $53.83 million. Blackrock’s ETHA accounted for most of the inflow with $45.29 million. Grayscale’s Ether Mini Trust added $4.58 million, and Blackrock’s ETHB brought in $3.96 million. Total ether ETF value traded stood at $538.44 million, with net assets closing at $10.40 billion.

HYPE ETFs posted $2.13 million in net inflows, primarily through Grayscale’s HYPG. Total value traded reached $22.07 million, while net assets closed at $346.88 million. Solana ETFs moved in the opposite direction, losing $707,080. Net assets closed at $895.16 million. XRP ETFs saw no trading activity for the day.

The session also came as Blackrock reported record second-quarter results. The world’s largest asset manager said assets under management reached $15.3 trillion, supported by $192 billion of second-quarter net inflows and record first-half net inflows of $321 billion. Revenue rose 31% year over year, while operating income increased 42%.

Blackrock’s iShares franchise has also surpassed $6 trillion in assets, reinforcing the firm’s dominant position in the ETF market. Its bitcoin trust remains one of the largest institutional vehicles for spot BTC exposure, with third-party tracker Bitbo placing IBIT holdings at roughly 734,000 BTC earlier this week.

Wednesday’s flows showed a market still rebuilding, but with a stronger base than earlier in the month. Bitcoin and ether demand is no longer being overwhelmed by daily exits, and Blackrock’s continued scale gives the recovery a powerful institutional backdrop.

Source: https://news.bitcoin.com/blackrock-ignites-crypto-etf-comeback-as-bitcoin-ether-flows-turn-green/