Bitcoin and Ethereum ETFs See Major Capital Flows, Driven by Institutional Demand

Institutional investors are driving significant capital inflows into Bitcoin and Ethereum spot exchange-traded funds (ETFs). According to recent data from SoSoValue, Bitcoin ETFs recorded net inflows of $3.24 billion last week, marking the second highest weekly inflow in history. BlackRock’s Bitcoin ETF (IBIT) led the way with a staggering $1.82 billion inflow, bringing its total to $62.63 billion. Fidelity’s FBTC ETF followed closely with $692 million in inflows, totaling $12.62 billion.