Bitcoin ETFs have started showing promising signs of recovery following a period of significant downturns. Monday witnessed a surge in the net inflows into bitcoin ETFs, marking the most productive day since February 4.
Regrettably, the same cannot be said for spot Ethereum ETFs, which have been on a consistent downward trend for the past nine days.
In 2024 and early 2025, US-based spot Bitcoin ETFs experienced a fruitful first year. However, this trend was disrupted by President Trump’s controversial tariffs and looming concerns of inflation or stagflation in the US. Consequently, investors began withdrawing their capital from these ETFs in early February. Out of the 28 trading days since February 5, only seven have ended in the green.
As per FarSide’s data, the previous week saw an exodus of over $800 million from these funds. Nevertheless, Monday brought about a spark of optimism when investors injected $274.6 million in net inflows, the highest since February 4.
The most significant gainer was Fidelity’s FBTC, with an inflow of $127.3 million, followed by Ark Invest’s ARKB ($88.5 million) and BlackRock’s IBIT ($42.3 million). Encouragingly, no spot BTC ETF reported any notable withdrawals.
Despite this positive development, the price of Bitcoin only experienced a minor increase, peaking at $85,000 before settling down to below $83,000 at the time of reporting.
On the other hand, Ethereum ETFs have yet to witness any substantial recovery. The last nine trading days have only seen withdrawals, with net outflows amounting to $663.2 million since February 20. Even on Monday, which was a successful day for the BTC ETFs, Ethereum ETFs experienced a slight net outflow of $7.3 million, primarily from Grayscale’s ETHE.
The price of Ethereum has taken a hit in recent months, dropping over 30% since February. It continues to struggle, unable to cross the $2,000 mark.
