Bitcoin and Ether ETFs Attract $128M as Crypto Rebounds After Midterms

Bitcoin and Ether exchange-traded funds (ETFs) pulled in $128 million in net inflows as cryptocurrency prices rebounded following the U.S. midterm elections. Fidelity led the charge among Bitcoin ETF issuers, while BlackRock’s iShares Bitcoin Trust (IBIT) shed another $201 million, extending its outflow streak to four consecutive trading sessions. The divergence highlights shifting investor preferences amid renewed optimism in digital assets. The post-election rally, which saw Bitcoin and Ether climb sharply, helped lift overall ETF flows into positive territory despite BlackRock’s continued redemptions. Analysts note that the rebound reflects broader risk-on sentiment as political uncertainty fades. With institutional interest remaining strong, the coming weeks will test whether inflows can be sustained or if profit-taking will dominate. For now, the data suggests that investors are rotating into funds they view as better positioned for the next leg of the crypto rally.