Bitcoin ETFs attracted nearly $1 billion in new capital, with Blackrock’s IBIT leading the inflows.

Investors’ thirst for Bitcoin ETFs knows no bounds. A day after posting record-breaking net inflows, U.S. spot Bitcoin ETFs welcomed another $916.91 million in new funds on Wednesday, April 23, solidifying their position as the current market’s most popular product.

Blackrock’s IBIT accounted for the majority of the day’s gains, attracting a staggering $643.16 million in inflows. Ark 21shares’ ARKB and Fidelity’s FBTC followed closely behind, bringing in $129.50 million and $124.37 million, respectively.

Grayscale’s BTC added $29.84 million, while VanEck’s HODL contributed $5.28 million. The only blemish came from Bitwise’s BITB, which saw a small withdrawal of $15.25 million.

A total of $4.09 billion in value was converted, and net assets soared to $106.39 billion, marking another major milestone for Bitcoin ETFs. Things were not quite as good on the Ethereum side. After only briefly breaking a long-term outflow trend, the Ethereum ETF re-emerged with $23.88 million in outflows.

Blackrock’s ETHA accounted for the bulk of the flows, withdrawing $30.28 million. Grayscale’s ETH managed to soften the blow, with $6.4 million in inflows, but it wasn’t enough to turn the tide.

Total Ethereum ETF volume reached $432.87 million, with net assets steady at $5.93 billion. As Bitcoin ETFs gain strength, Ethereum ETFs continue to face uncertainty.