Key Takeaways
- Blackrock’s IBIT led $189.30M into bitcoin ETFs on Tuesday, extending the week’s strong start.
- Ether gained $71.47M as XRP and solana also rose, broadening institutional crypto demand.
- Hashdex’s DEFI exit on Aug. 17 signals smaller ETF issuers face more consolidation pressure.
Ether ETFs Pull in $71M as 5 Funds Attract Fresh Capital
The week’s institutional bid remained firmly in place. Bitcoin exchange-traded funds (ETFs) followed Monday’s nearly $300 million haul with another sizeable inflow, while ether drew fresh capital across five funds and smaller-token products also found buyers.
The broad tone was constructive, with only one notable bitcoin fund posting an outflow.
Blackrock Again Sets the Pace
Bitcoin ETFs brought in $189.30 million across five funds. Blackrock’s IBIT dominated the session with $143.57 million in inflows.
Fidelity’s FBTC added $23.92 million, while ARK 21Shares’ ARKB and Bitwise’s BITB attracted $19.73 million and $16.15 million, respectively. Grayscale’s Bitcoin Mini Trust added another $2.86 million.
Vaneck’s HODL was the lone fund to record an outflow, losing $16.92 million. Total trading value across bitcoin ETFs reached $1.36 billion, while combined net assets closed at $79.30 billion

Ether ETFs also built on Monday’s gains, drawing $71.47 million. Blackrock’s ETHA supplied most of the capital with a $64.68 million inflow.
Grayscale’s Ether Mini Trust and ETHE added $2.74 million and $1.54 million. Bitwise’s ETHW brought in $1.37 million, while Invesco’s QETH added $1.14 million. No ether ETF reported an outflow. Trading value totaled $524.77 million, with net assets ending the day at $10.83 billion.
XRP and Solana Join the Advance
XRP ETFs attracted $5.81 million, with demand spread across three products.
Bitwise’s XRP fund led with $2.24 million, followed by Grayscale’s GXRP at $1.94 million and Franklin Templeton’s XRPZ at $1.63 million. Total trading value reached $10.49 million, while combined net assets closed at $941.41 million.
Solana ETFs added $1.58 million, primarily through Bitwise’s BSOL. Trading value came in at $30.13 million, and net assets rose to $923.57 million.
HYPE ETFs recorded no net creations or redemptions during the session.
Elsewhere in the bitcoin ETF market, Hashdex’s DEFI has entered liquidation after ceasing trading on NYSE Arca on August 17. The fund is being wound down after Hashdex cited factors including assets under management, trading liquidity and operating costs.
Tuesday’s flows kept the focus on scale. Blackrock again captured the largest share of new demand, while positive activity across ether, XRP and solana suggested that institutional buying remained broad across the crypto ETF market.




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