Bitcoin and Ethereum ETFs Surge: $656M Inflows, BTC ETFs Top $123B

Cryptocurrency markets saw significant inflows into Bitcoin and Ethereum ETFs on January 30, 2025, with a total of $588.22 million and $67.77 million, respectively. This marked a substantial increase from the previous day's inflows, indicating growing investor interest in these digital assets.

BlackRock's IBIT led the Bitcoin ETF inflows with $321.5 million, followed by Fidelity's FBTC with $209.14 million. Other notable inflows included Bitwise's BITB and ARK 21Shares' ARKB, with $22.98 million and $12.64 million, respectively. Franklin Templeton's EZBC, VanEck's HODL, Invesco Galaxy's BTCO, and Grayscale's mini Bitcoin Trust also contributed to the positive momentum.

The total trading volume of these investment products stood at $2.94 billion, with the cumulative total net inflow surpassing $40 billion for the first time since their launch. The BTC ETFs now hold total net assets of $123.43 billion, marking 5.94% of the total BTC supply. At press time, Bitcoin (BTC) was down 0.8% over the past day, exchanging hands at $104,267 per coin.

Ethereum ETFs also saw a rebound on January 30, with $67.77 million entering the funds, ending three days of negative momentum. BlackRock's ETHA led the inflows with $79.86 million, followed by Fidelity's FETH with $15.41 million and Grayscale's Mini Ethereum Trust with $12.79 million. The total trading volume for these investment vehicles stood at $306.99 million, with total net inflows since launch reaching $2.73 billion. Over the past 24 hours, Ethereum (ETH) has risen 1.5%, trading at $3,248 per coin.

Bitwise Asset Management's exchange-traded product tracking Bitcoin and Ethereum received the initial nod from the United States Securities and Exchange Commission on January 30. The Bitwise Bitcoin and Ethereum ETF cleared its first regulatory hurdle