Grayscale’s Bitcoin Mini Trust really stood out. During the session on April 1st, while almost all Bitcoin ETFs were being sold, this fund alone recorded a net inflow of more than $10 million. Since about $150 worth of BTC flowed into it, it seems to be a fairly significant amount.

At the same time, BlackRock’s iBit and Fidelity’s FBTC combined saw outflows of more than $150 million. On a cumulative basis, iBit is still maintaining inflows of over $63 billion, but the weakness on this day was noticeable. Grayscale’s main Bitcoin Trust (GBTC) also saw outflows of $13 million, and its cumulative outflow amount has exceeded $26 billion.

As for Ethereum ETFs, there was an outflow of $7.1 million, but even here, Grayscale’s ETHE recorded an inflow of $17 million, making it the largest single-fund inflow in the entire category. The contrast with BlackRock’s iShares Ethereum Trust losing $32 million is interesting.

Looking at the whole week, after gains showed up for two sessions in a row at the end of March, the reversal on this day ultimately left the week up by $13 million in net terms. Liquidity seems to be fairly steady. It appears that Grayscale pulling in inflows across both funds has become one of the notable moves by market participants.