Bitcoin and Ether ETFs Attract $600 Million With No Signs of Slowing Down

While some are watching for the slightest sign of a pullback, ETFs backed by Bitcoin and Ether continue their triumphant march. In a single day, these financial products attracted nearly 600 million dollars, a sign of an institutional appetite that does not weaken. This wave of enthusiasm outlines the features of an increasingly affirmed adoption of cryptocurrencies in traditional portfolios.

The snowball effect of Bitcoin ETFs: an unstoppable momentum

The Bitcoin ETF market continues to chart its upward trajectory with an almost unsettling regularity. For the ninth consecutive day, index funds backed by the king of cryptos have amassed no less than 403 million dollars in net inflows. A performance that owes nothing to chance but everything to renewed confidence from institutional investors.

The giant BlackRock, with its IBIT product, literally carried the market on its shoulders by absorbing 416.35 million dollars alone.

This is a show of strength that crushes the competition, even though smaller players such as Vaneck (HODL), Grayscale (Bitcoin Mini Trust), Bitwise (BITB), or Franklin (EZBC) also record respectable inflows.

However, the upturn is not uniform. Notable capital outflows have affected giants like Grayscale (GBTC), which saw 41.22 million $ evaporate, or Fidelity (FBTC) with 22.93 million $ in withdrawals.

Despite these nuances, the overall trend remains firmly bullish, with a daily trading volume reaching 6.7 billion $ and assets under management topping nearly 150 billion $. A measured frenzy, but unequivocal.

Ether lying in wait: historic volume record, a sign of a massive awakening

On the Ethereum side, the momentum is not lagging behind. ETFs backed by the native asset of the most used DeFi network have experienced their eighth consecutive day of positive flows, gathering 192.33 million $. While the amounts are smaller compared to bitcoin, the quality of the movement is just as remarkable.

BlackRock, once again, leads the pack with 171.52 million $ for its ETHA ETF. Fidelity follows with 12.22 million $, while Grayscale adds its contribution with 8.59 million $ via its Ether Mini Trust. But what particularly draws attention is the record trading volume, which reaches 1.62 billion dollars, a level never before seen for Ether ETFs.

This reflects a rapid rise in interest in Ethereum, probably boosted by growing anticipation around its transition to an “ultrasound” asset following the implementation of staking and deflationary EIPs. Assets under management at 14.22 billion $ mark a new symbolic threshold for the market’s second largest crypto.

An institutional tidal wave that redefines the rules of the game

This dual surge of bitcoin and Ether through their respective ETFs is not a mere flash in the pan. It is a structural change in how the wealthy and funds view cryptos. The entry of heavyweights like BlackRock and Fidelity anchors a new narrative: that of an asset class once marginal, now integrated into traditional portfolios.

The inflows recorded, day after day, are not only massive: they are consistent. And in the financial world, consistency is a far more valuable indicator than occasional flamboyance. It means the appetite does not fade. On the contrary, it feeds on its own momentum. BlackRock benefits by reaching a record 12.5 trillion dollars in assets under management.