Institutional Interest Grows as Bitcoin and Ether ETFs See Significant Inflows
- Spot Bitcoin ETFs recorded $642.35 million in net inflows on Friday, marking five consecutive days of gains.
- Cumulative net inflows for Bitcoin ETFs have reached $56.83 billion, with total net assets at $153.18 billion.
- Fidelity’s FBTC led the day with $315.18 million in new capital, while BlackRock’s IBIT followed with $264.71 million.
- Spot Ether ETFs attracted $405.55 million in daily net inflows, totaling $13.36 billion overall.
- BlackRock’s ETHA brought in $165.56 million, and Fidelity’s FETH added $168.23 million on the same day.
The recent surge in inflows indicates a growing institutional appetite for cryptocurrency exposure amid stabilizing macroeconomic conditions and an overall strengthening crypto market.
With Bitcoin spot ETFs seeing a total of $2.34 billion in cumulative net inflows over the past five days, this trend reflects increasing confidence among institutional investors.(Source)
