Bitcoin ETFs swung back into positive territory on Thursday, recording $131 million in fresh inflows and snapping two straight days of red. The rebound came alongside a surge in trading volume, which hit $2.76 billion — the highest in weeks, according to data compiled by GFdaily.
Bitcoin ETFs bounce back
After two sessions of net outflows, the turnaround was sharp. The $131 million haul marked the best single-day intake for spot bitcoin funds since early May. Volume more than doubled from the prior day, signaling renewed conviction among institutional and retail buyers alike. No single issuer dominated; the flows were spread across the major providers.
Ether funds keep sliding
The picture is less rosy on the ether side. Ethereum ETFs recorded their fourth consecutive day of outflows on Thursday. The string of red has now erased roughly all the gains from a brief mid-week bounce earlier this month. Analysts tracking the data say the persistent bleed suggests investors are rotating out of ether exposure into other crypto products or simply taking profits after a strong April.
Altcoin products hold steady
XRP ETFs carved out a bright spot, attracting $18 million in new capital — the biggest inflow for that asset class in nearly two weeks. Solana-based crypto products also kept money flowing in, though GFdaily could not immediately confirm the exact figure. The steady demand for both tokens suggests that while the market is rotating within crypto, it's not abandoning the sector entirely.
Thursday's flows set up a key test for Friday. If bitcoin ETFs can extend the streak, it would mark the first back-to-back inflow week since late April. Ether funds, meanwhile, will need to reverse course to avoid tying the longest outflow run of the year.
