Institutional demand for crypto exchange-traded funds showed no sign of cooling at the closing bell. After a week of relentless buying, bitcoin ETFs booked another substantial inflow on Friday and pushed combined assets to $96.07 billion. Ether funds extended their own five-day winning streak, while demand for $XRP and solana products accelerated into the weekend.

The vehicles drawing that demand remain young by Wall Street standards. US spot bitcoin ETFs began trading only in January 2024, spot ether funds followed in mid-2024, and single-asset $XRP and solana products listed more recently still — a rapidly expanding menu that lets investors take crypto exposure through ordinary brokerage accounts rather than direct ownership of the underlying tokens.

Bitcoin Funds Cap an All-Green Week

Bitcoin ETFs attracted $307.45 million across seven funds, with no outflows recorded. BlackRock's IBIT, the largest fund in the category by net assets, supplied $239.28 million, about 77% of the daily total. Fidelity's FBTC followed with $30.19 million, while Grayscale's Bitcoin Mini Trust added $13.62 million.

Smaller funds shared in the demand as well. Bitwise's BITB received $9.21 million, Morgan Stanley's MSBT added $7.73 million, VanEck's HODL brought in $4.36 million, and ARK 21Shares' ARKB gained $3.07 million.

Daily trading value reached $6.37 billion. Net assets climbed by roughly $6 billion from Thursday to $96.07 billion, putting the category within sight of reclaiming the $100 billion threshold, a level it has crossed before.

Friday completed a five-session run of inflows worth about $1.92 billion. The week gathered considerable momentum over its final three sessions as bitcoin's price rallied and institutional allocations increased.

Ether ETFs Extend Their Streak

Ether ETFs followed with $184.93 million in net inflows, taking their five-day haul to $697.18 million. BlackRock's ETHA dominated again, attracting $150.83 million, or roughly 82% of Friday's total. Grayscale's Ether Mini Trust added $11.51 million, while BlackRock's ETHB received $9.94 million.

Fidelity's FETH brought in $9.62 million, Bitwise's ETHW added $2.24 million, and Morgan Stanley's MSSE gained about $779,000. No ether fund recorded an outflow. Ether ETF trading value reached $1.67 billion, with net assets closing at $14.29 billion — a fraction of the bitcoin category's total.

$XRP and Solana Products Join the Rally

$XRP ETFs collected $18.38 million. Bitwise's $XRP fund led with $16.89 million, while Franklin Templeton's XRPZ added $1.49 million. Trading value reached $94.03 million, and $XRP ETF assets rose to $1.33 billion.

Solana funds attracted another $10.07 million. Bitwise's BSOL received $8.73 million, while Fidelity's FSOL added $1.35 million. Combined solana assets closed at $1.12 billion. HYPE ETFs recorded no net flows.

The breadth of Friday's demand capped a remarkable week. Every bitcoin and ether ETF that reported a flow finished the session without a single redemption, leaving institutional crypto demand at its strongest level in months. The immediate markers for the sessions ahead are whether bitcoin ETF assets retake the $100 billion level and whether the all-green pattern in fund flows holds.

Source: Bitcoin.com