Bitcoin Ether ETFs See Record 1.55 Billion Inflows

On July 10, Bitcoin and Ether spot exchange-traded funds (ETFs) experienced their second-highest daily inflows on record, with Bitcoin ETFs attracting $1.17 billion and Ether ETFs seeing $383.1 million in net inflows. This significant capital influx underscores the growing institutional interest in these cryptocurrencies as investment assets. The previous record for daily inflows into Bitcoin ETFs was set on November 7, 2024, when they attracted $1.37 billion. The recent surge in inflows indicates renewed confidence among investors in the cryptocurrency market, particularly in Bitcoin and Ether.

BlackRock’s iShares Bitcoin Trust ETF (IBIT) and Fidelity’s Wise Origin Bitcoin Fund were the top performers, with inflows of $448 million and $324 million, respectively. For Ether ETFs, BlackRock’s iShares Ethereum Trust ETF (ETHA) saw the lion’s share of inflows, with $300.9 million, marking its highest daily inflow on record. These inflows came despite legacy financial advisers’ hesitation to offer Bitcoin or Ether spot ETFs, as noted by Nate Geraci, president of NovaDius Wealth Management.

The demand for Bitcoin and Ether spot ETFs is outpacing the production of these coins. In the past 24 hours, the net issuance of Ether stood at 2,110 ETH, worth approximately $6.33 million, which far exceeds Thursday’s total net inflow into Ether spot ETFs. Similarly, Bitcoin ETFs have collectively bought Bitcoin worth $28.22 billion in 2025, while Bitcoin miners’ net new issuance has amounted to $7.85 billion during the same period.

The launch of nine US spot Bitcoin ETFs in January 2024 and the subsequent introduction of Ethereum spot ETFs in July of the same year have provided investors with more accessible and regulated avenues to gain exposure to these digital assets. The positive momentum in inflows suggests that institutional investors are increasingly viewing cryptocurrencies as a viable component of their portfolios. The cumulative net inflows for Bitcoin spot ETFs have surpassed $50 billion since their launch, with $218 million in net inflows recorded on July 9 alone. This marks the fifth consecutive day of positive momentum for Bitcoin spot ETFs, with nearly $1.52 billion in inflows over the past five trading days. The inflows into Ethereum spot ETFs have also been notable, with BlackRock's Ethereum ETF attracting $159 million on July 10, the biggest single-day tally since its launch.

The surge in inflows into Bitcoin and Ethereum spot ETFs can be attributed to several factors, including regulatory support for the cryptocurrency industry in the United States. The US Senate Banking Committee's recognition of the enduring presence of blockchain technology and digital assets has bolstered investor confidence. Additionally, the decision by the US Federal Reserve to keep the federal funds rate steady, coupled with the potential for future rate cuts, has created a favorable environment for cryptocurrency investments. Interest rate cuts are generally seen as beneficial for crypto assets, as they can stimulate economic activity and increase risk appetite among investors.

The significant inflows into Bitcoin and Ethereum spot ETFs highlight the growing institutional interest in these cryptocurrencies. The recent inflows are a testament to the growing acceptance of cryptocurrencies as a legitimate asset class. The surge in institutional investment reflects a broader shift in the financial landscape, as traditional investors increasingly recognize the potential of digital assets. The positive momentum in inflows suggests that the cryptocurrency market is poised for continued growth, driven by regulatory support, institutional interest, and favorable economic conditions. As the market continues to evolve, it is likely that we will see further innovation and adoption of cryptocurrencies, solidifying their place in the global financial system.