Overview

• SoSoValue reported five consecutive days of Bitcoin ETF inflows and four for Ethereum, totaling about $2.4 billion and $640 million for the week.
• One session saw $642 million move into Bitcoin funds, led by Fidelity’s FBTC with $315 million and BlackRock’s IBIT with $265 million.
• Ethereum products recorded a $406 million daily intake in the period, with BlackRock’s ETHA and Fidelity’s FETH the largest contributors.
• Bitcoin traded near $116,000 and Ethereum around $4,700 as markets priced a roughly 94% chance of a Federal Reserve rate cut next week.
• Bitcoin ETFs now hold about $153 billion in assets, roughly 6.6% of Bitcoin’s market cap, while Ethereum ETFs hold $30.3 billion, or about 5.4%.