- US Bitcoin ETFs recorded US$2.2 billion in net inflows last week after strong performance from Fidelity and BlackRock, reversing previous negative flows.
- The combined US funds now hold 1.31 million BTC worth US$152.7 billion, representing 6.24% of total Bitcoin supply and highlighting ETFs’ growing importance.
- Ethereum ETFs attracted US$734.3 million over four trading days following six consecutive days of outflows, showing broadening investor interest beyond Bitcoin.
- Bitcoin gained 4.5% weekly to trade at US$116,158 while Ethereum rose 7.6% to US$4,623, with analysts viewing the US$110,000-$116,000 range as decisive for market direction.
After ending the previous week with net negative flows, the tide appears to have turned for US crypto exchange-traded funds (ETFs). As reported last week, US spot Bitcoin ETFs began the new week with strong net inflows, and after four consecutive days of gains, Friday followed suit.
On the final trading day of the week, US$642.4 million (AU$937.4 million) in net inflows entered these funds, bringing the weekly total to US$2.2 billion (AU$3.3 billion). Fidelity’s FBTC was the biggest gainer on Friday, attracting US$315.2 million (AU$473.2 million) and overtaking BlackRock’s IBIT, which recorded US$264.7 million (AU$397.4 million) in net inflows.
Increased Interest in Crypto ETFs, with Altcoin Funds Pending
Combined, the US funds now hold 1.31 million BTC – about 6.24% of total supply – worth US$152.7 billion (AU$229.2 billion). This expansion underscores the growing importance of ETFs as a gateway between traditional finance and digital assets.
For both institutional and retail investors, ETFs offer regulated and liquid exposure to Bitcoin and Ethereum without the operational challenges of direct custody.
The recent surge in flows suggests increasing comfort with crypto as a mainstream asset class, particularly in the face of economic uncertainty. At the same time, Ethereum’s renewed inflows show that interest is broadening beyond Bitcoin alone, with investors diversifying their exposure. There are also several other altcoin ETFs in the pipeline – for Solana, XRP, Dogecoin and Litecoin, to name a few – currently awaiting regulatory approval.
Related: BlackRock Eyes Tokenised ETFs After Bitcoin Fund Success
Bitcoin Still Trading in Tight Support Range
US spot Ethereum ETFs have also continued to attract inflows, though at a slower pace than their Bitcoin counterparts. Following six consecutive days of outflows, they saw renewed demand, with US$734.3 million (AU$1.1 billion) added over the past four trading days.
The strong flows into these ETFs coincide with an uptick in both BTC and ETH prices. Bitcoin gained 4.5% over the past week, despite slowing in the past 24 hours with only a 0.3% rise. It currently trades at US$116,158 (AU$174,477). Ethereum, meanwhile, trades at US$4,623 (AU$6,944), marking a 7.6% gain over the week but a slight 1% decline in the past day.
Analysts have described the current trading range as decisive and suggested the market is at a “crossroads”. The US$110,000–US$116,000 (AU$165,000–AU$174,000) range is seen as a key level that may determine whether the bull market continues.
Related: Canadian Steals $48M in Crypto, Keeps Stealing While on Bail: Report
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