On Thursday, Feb. 6, bitcoin ETFs faced a net outflow of $140.30 million, while ether ETFs continued their upward trajectory, securing a net inflow of $10.65 million. This represented the sixth consecutive day of positive movement for ether ETFs, as reported by Sosovalue.

The outflow in bitcoin ETFs was primarily driven by Fidelity’s FBTC, which saw a significant withdrawal of $103.25 million, reducing its total net assets to $20.35 billion.

Additionally, Grayscale’s GBTC experienced an outflow of $42.21 million, bringing its net assets down to $19.46 billion. The only inflow on bitcoin ETFs came via Grayscale’s BTC fund, which brought in $5.15 million, raising its net assets to $4.06 billion.

Conversely, ether spot ETFs maintained their positive momentum. Blackrock’s ETHA was the sole contributor to the inflow bringing in all of the $10.65 million. This raised its net assets to $3.67 billion.

This six-day streak of positive inflows for ether ETFs highlights a growing appeal for ether exposure from institutional and retail investors.

As of Feb. 6, the cumulative total net inflow for ether spot ETFs stands at $3.18 billion with $10.29 billion in total net assets, while bitcoin ETFs have recorded a net inflow of $40.53 billion with total net assets of $113.51 billion.

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