{"id":911102,"date":"2026-06-07T15:14:09","date_gmt":"2026-06-07T20:14:09","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2026\/06\/07\/blackrock-drives-bitcoin-etf-recovery-as-trading-volume-surges-to-2-76b\/"},"modified":"2026-06-07T15:14:09","modified_gmt":"2026-06-07T20:14:09","slug":"blackrock-drives-bitcoin-etf-recovery-as-trading-volume-surges-to-2-76b","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2026\/06\/07\/blackrock-drives-bitcoin-etf-recovery-as-trading-volume-surges-to-2-76b\/","title":{"rendered":"Blackrock Drives Bitcoin ETF Recovery as Trading Volume Surges to $2.76B"},"content":{"rendered":"<p><strong> <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-is-Bitcoin-ETF\/\" data-linkid=\"778686\" data-postid title=\"Learn about Bitcoin ETFs\" target=\"_blank\">Bitcoin ETFs<\/a> snapped back into positive territory on Thursday with $131 million in fresh inflows, signaling a renewed wave of institutional demand after two difficult sessions. Ether ETFs, however, remained under pressure with a fourth consecutive day of outflows, while  <a href=\"https:\/\/www.binance.com\/en\/price\/xrp\" data-linkid=\"311999\" data-postid target=\"_blank\">XRP<\/a> and  <a href=\"https:\/\/markets.bitcoin.com\/crypto\/solana?utm_source=bitcoin_news\" data-linkid=\"704179\" data-postid target=\"_blank\">solana<\/a> products continued to attract steady capital.<\/strong><\/p>\n<div>\n<div>\n<h2><span>Key Takeaways<\/span><\/h2>\n<ul>\n<li><span>Bitcoin ETFs added $131.31M as Blackrock IBIT drew $144.10M in fresh inflows.<\/span><\/li>\n<li><span>Ether ETFs lost $5.65M for a 4th day, with Blackrock ETHA leading withdrawals.<\/span><\/li>\n<li><span>XRP gained $18.25M, and Solana gained $6.51M as altcoin ETF demand remained resilient.<\/span><\/li>\n<\/ul>\n<\/div>\n<h2> <span>XRP<\/span> ETFs Attract $18M as Regulatory Optimism Fuels Investor Demand<\/h2>\n<p data-start=\"340\" data-end=\"567\">A calmer tone returned to <span>crypto<\/span> ETF markets, though the recovery was uneven. <span>Bitcoin<\/span> funds regained momentum as large institutional buyers stepped back in, helping stabilize sentiment after a sharp selloff earlier in the week.<\/p>\n<p data-start=\"569\" data-end=\"763\">Spot <span>bitcoin ETFs<\/span> recorded net inflows of $131.31 million, supported by broad market participation. Six funds ended the day in positive territory, outweighing losses from four others.<\/p>\n<p data-start=\"765\" data-end=\"1053\">Blackrock\u2019s IBIT once again dominated flows, attracting $144.10 million in fresh capital and reinforcing its position as the market\u2019s <a href=\"http:\/\/news.bitcoin.com\/blackrock-ibit-drives-inflows-as-bitcoin-etfs-post-163m-weekly-gains\/\">primary institutional vehicle<\/a>. Bitwise\u2019s BITB and Grayscale\u2019s <span>Bitcoin<\/span> Mini Trust followed with inflows of $17.70 million and $12.60 million, respectively.<\/p>\n<p data-start=\"1055\" data-end=\"1194\">Additional gains came from Vaneck\u2019s HODL, Morgan Stanley\u2019s MSBT, and Fidelity\u2019s FBTC, all of which posted smaller but meaningful additions.<\/p>\n<figure id=\"attachment_814307\" aria-describedby=\"caption-attachment-814307\"><a href=\"https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/05\/blackrock-drives-bitcoin-etf-recovery-as-trading-volume-surges-to-2-76b_nwmk.png?X-Amz-Content-Sha256=UNSIGNED-PAYLOAD&#038;X-Amz-Algorithm=AWS4-HMAC-SHA256&#038;X-Amz-Credential=AKIARQKIT2TMGZBKV2L6%2F20260515%2Fus-east-1%2Fs3%2Faws4_request&#038;X-Amz-Date=20260515T095906Z&#038;X-Amz-SignedHeaders=host&#038;X-Amz-Expires=600&#038;X-Amz-Signature=6fbba65552e558204deeedc9ccbed5b4881f4231aad4892ff4325c59cb1926d0\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/05\/blackrock-drives-bitcoin-etf-recovery-as-trading-volume-surges-to-2-76b_nwmk.png\" alt=\"Blackrock Drives Bitcoin ETF Recovery as Trading Volume Surges to $2.76B\" width=\"1280\" height=\"610\"  ><\/a><figcaption id=\"caption-attachment-814307\">Mixed trading week for <span>bitcoin ETFs<\/span> with two days each of inflows and outflows.<\/figcaption><\/figure>\n<p data-start=\"1196\" data-end=\"1424\">The inflows were partially offset by continued selling in several funds. Grayscale\u2019s GBTC led the outflows with a $31.64 million exit, while Franklin\u2019s EZBC, Ark &#038; 21Shares\u2019 ARKB, and Invesco\u2019s BTCO also ended the session lower.<\/p>\n<p data-start=\"1426\" data-end=\"1599\">Trading activity surged as investor participation picked up. Total value traded across <span>bitcoin ETFs<\/span> reached $2.76 billion, while total net assets climbed to $107.75 billion.<\/p>\n<p data-start=\"1601\" data-end=\"1792\">Ether ETFs continued to struggle, though the pace of withdrawals slowed considerably. The category posted net outflows of $5.65 million, extending its losing streak to four straight sessions.<\/p>\n<p data-start=\"1794\" data-end=\"2086\">Blackrock\u2019s ETHA remained the largest drag with a $13.21 million exit, while Blackrock\u2019s ETHB lost another $3.55 million. There were signs of selective buying beneath the surface. Fidelity\u2019s Ether product attracted $6.88 million, while Vaneck\u2019s ETHV and Franklin\u2019s EZET added smaller inflows.<\/p>\n<p data-start=\"2088\" data-end=\"2261\">Even so, the gains were not enough to fully reverse the broader weakness. <span>Trading volume<\/span> across ether ETFs reached $600.91 million, with net assets ending at $13.45 billion.<\/p>\n<p data-start=\"2263\" data-end=\"2482\"> <a href=\"https:\/\/www.binance.com\/en\/price\/xrp\" target=\"_blank\" rel=\"noopener noreferrer\">XRP<\/a> ETFs resumed their upward momentum with $18.25 million in net inflows. Bitwise\u2019s <a href=\"https:\/\/www.binance.com\/en\/price\/xrp\" target=\"_blank\" rel=\"noopener noreferrer\">XRP<\/a> fund led the category with $7.01 million, followed closely by Franklin\u2019s XRPZ at $6.64 million and Canary\u2019s XRPC at $4.87 million.<\/p>\n<p data-start=\"2484\" data-end=\"2723\">The steady demand suggests investor appetite for XRP-linked products remains intact, particularly as <a href=\"http:\/\/news.bitcoin.com\/xrp-hits-session-highs-as-clarity-act-advances-to-full-senate\/\">regulatory optimism<\/a> continues to build around the asset. Trading activity totaled $46.78 million, with net assets rising to $1.25 billion.<\/p>\n<p data-start=\"2725\" data-end=\"3012\"> <a href=\"https:\/\/markets.bitcoin.com\/crypto\/solana?utm_source=bitcoin_news\" target=\"_blank\" rel=\"noopener noreferrer\">Solana<\/a> ETFs also extended their positive streak, recording $6.51 million in inflows. Bitwise\u2019s BSOL accounted for the majority of the gains with $3.77 million, while Fidelity\u2019s FSOL added $2.73 million. Total value traded reached $46.94 million, with net assets closing at $1.05 billion.<\/p>\n<p data-start=\"3014\" data-end=\"3297\" data-is-last-node data-is-only-node>The broader flow picture points to a market becoming increasingly selective. <a href=\"https:\/\/www.binance.com\/en\/price\/bitcoin\" target=\"_blank\" rel=\"noopener noreferrer\">Bitcoin<\/a> remains the centerpiece of institutional allocation, ether continues to face hesitation, and capital is steadily rotating toward alternative assets tied to growth and evolving regulatory narratives.<\/p>\n<\/p><\/div>\n<p> Emmanuel Musa<br \/><a href=\"https:\/\/news.bitcoin.com\/blackrock-drives-bitcoin-etf-recovery-as-trading-volume-surges-to-2-76b\/\" class=\"button purchase\" rel=\"nofollow noopener\" target=\"_blank\">Read More<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin ETFs snapped back into positive territory on Thursday with $131 million in fresh inflows, signaling a renewed wave of institutional demand after two difficult sessions. Ether ETFs, however, remained under pressure with a fourth consecutive day of outflows, while XRP and solana products continued to attract steady capital. Key Takeaways Bitcoin ETFs added $131.31M<\/p>\n","protected":false},"author":1,"featured_media":911103,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[164,28509],"tags":[6387,7439],"class_list":["post-911102","post","type-post","status-publish","format-standard","has-post-thumbnail","category-blackrock","category-drives","tag-blackrock","tag-drives"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/911102","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=911102"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/911102\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/911103"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=911102"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=911102"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=911102"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}