Spot Bitcoin ETFs are experiencing significant inflows, reflecting a robust appetite for crypto assets among institutional investors. Recently, spot Bitcoin (BTC) ETFs recorded an impressive $642.35 million in net inflows, marking the fifth consecutive day of gains. According to data from SoSoValue, the cumulative net inflows have surged to $56.83 billion, with total net assets reaching $153.18 billion, approximately 6.62% of Bitcoin’s total market cap.
The day saw Fidelity’s FBTC leading with $315.18 million in fresh capital, closely followed by BlackRock’s IBIT with $264.71 million. The trading volumes across all spot Bitcoin ETFs exceeded $3.89 billion, indicating a strong market presence and growing institutional interest. Market leaders like IBIT and FBTC posted daily gains of over 2%, underlining the positive sentiment.
Ethereum ETFs Mirror Bitcoin’s Momentum
Spot Ethereum ETFs are also witnessing a bullish trend, pulling in $405.55 million in daily net inflows on the same day, marking their fourth consecutive day of growth. The total inflows into Ether ETFs have reached $13.36 billion, with net assets standing at $30.35 billion.
On Friday, BlackRock’s ETHA attracted $165.56 million, with Fidelity’s FETH close behind at $168.23 million. ETHA alone saw trading values of $1.86 billion, reflecting heightened activity in Ethereum-based products.
Rising Institutional Confidence
Vincent Liu, Chief Investment Officer at Kronos Research, told Cointelegraph, “Bitcoin and Ethereum spot ETFs continue to see strong inflows, indicating rising institutional confidence. If macroeconomic conditions remain stable, this surge could bolster liquidity and drive momentum for both assets.”
BlackRock Explores ETF Tokenization
BlackRock is reportedly exploring the tokenization of ETFs on blockchain networks, following the success of its spot Bitcoin ETFs. The asset management giant is particularly interested in tokenizing funds tied to real-world assets (RWA), although regulatory challenges remain a key consideration. Tokenized ETFs could offer new functionalities such as 24/7 trading and integration into decentralized finance (DeFi) ecosystems.
The continuous inflow into both Spot Bitcoin ETFs and Ethereum ETFs signifies a growing trust in cryptocurrency as a viable asset class. This trend could potentially transform the financial landscape, with tokenized assets offering innovative ways to participate in the market.
