US Bitcoin ETFs Experience Modest Inflows After Weeks of Outflows, Ethereum ETFs Continue to Struggle
The post US Bitcoin ETFs Experience Modest Inflows After Weeks of Outflows, Ethereum ETFs Continue to Struggle appeared on BitcoinEthereumNews.com.
After four weeks of uninterrupted outflows, U.S. Spot Bitcoin ETFs experienced a welcomed turnaround amid some much-needed investor inflows over the past week. However, while inflows into the ETFs are certainly a welcomed sign, and a stark contrast from a previous month of very negative sentiment, I think it is prudent to express a simple detail: The total amount of inflows into the U.S. Spot Bitcoin ETFs last week was 5,300 BTC. The Turnaround in Bitcoin Spot ETF Inflows The latest data shows that most of the inflows came from large players like BlackRock, ARK Investment Management, Fidelity, and Grayscale. Altogether, these firms added quite a bit to the net inflows, with BlackRock pretty much leading the pack and accounting for a massive 75% of the total increase. This is seen as a big positive, that institutional investors in general and maybe BlackRock in particular are once again finding Bitcoin ETFs an attractive investment option. BlackRock Dominates Bitcoin ETF Inflows BlackRock remains the dominant force in the Bitcoin ETF market. Once again, it has emerged as the biggest winner, securing net inflows of 4,069 BTC, representing a staggering 88% of the inflows into all Bitcoin ETFs since the SEC began approving such products in late 2022. This is really saying something, as nearly 14,000 BTC have now been harnessed in total by all these products. The trust that institutional investors like BlackRock command seems to be spilling over even more so into the crypto market. After BlackRock, ARK Investment Management, led by Cathie Wood, saw significant inflows of its own, adding 938 BTC to its Bitcoin ETF products. Fidelity, another major player in the world of finance, brought in 786 BTC, displaying the same thing we saw after BlackRock’s announcement: institutions are taking a serious interest in Bitcoin ETFs. After…
Filed under: News - @ March 26, 2025 7:26 am