I just reviewed the ETF flows and the institutional activity that occurred recently, and honestly, it was quite interesting. Bitcoin ETFs injected $254 million in a single day, with BlackRock leading the move with their IBIT. The curious thing is that Fidelity Bitcoin had outflows that day, but overall numbers still remained positive. In three days of operation, the accumulated flows exceeded $1 billion, suggesting that investors were buying when the price dropped.

What caught my attention is that after several weeks of withdrawals, institutional demand suddenly returned. Fidelity and other major issuers showed consistent activity, although with some variations. Bitcoin clearly remained the main focus, but there was also movement in Ethereum and Solana, though much more modest. Ethereum added about $6.6 million in one day, and over three sessions, Ethereum reached $173 million, while Solana barely touched $0.5 million daily.

The most curious thing was seeing XRP with inflows of nearly 850K tokens. It’s not a huge number compared to Bitcoin, but it shows that there are niches of steady demand. Meanwhile, Fidelity Bitcoin and other main products continued to concentrate most of the capital. Analysts said this was typical when investors see a correction as an opportunity, not a sign of panic. After absorbing $55 billion since early 2024, it seems that long-term confidence remains intact despite recent volatility.