Spot Bitcoin and Ether ETFs are witnessing a notable rise in interest, as institutional demand for cryptocurrency exposure grows.
Recently, Spot Bitcoin (BTC) ETFs reported a net inflow of $642.35 million, marking the fifth consecutive day of gains. Data from SOSOValue indicates that the total net inflow has now reached $56.83 billion, contributing to a total net worth of around $1,531.8 billion—roughly 6.62% of Bitcoin’s overall market value.
Fidelity’s FBTC led the inflows with $315.18 million, closely followed by BlackRock’s IBIT, which brought in $264.71 million. Overall, Spot Bitcoin ETFs had trading volumes surpassing $3.89 billion, reflecting healthy activity and positioning in the market. Top ETFs such as IBIT and FBTC noted daily increases of over 2%.
This upward trend follows a slow start to the month, hinting at a shift in sentiment as macroeconomic conditions stabilize and the cryptocurrency market shows positive signs.
Ether ETF Attracts $405 Million
On the same day, Spot Ether (ETH) ETFs continued their upward momentum, attracting net inflows of $455.55 million for four consecutive profit days. Currently, the total inflow for Ether ETFs stands at $13.36 billion, with a net worth reaching $30.35 billion.
On Friday, BlackRock’s ETF garnered $16.56 million, while Fidelity’s approached $16.82 million. Ether alone saw a valuation of $1.86 billion that day, indicating a rise in activity related to Ethereum products.
Vincent Liu, chief investment officer at Taiwan-based Kronos Research, commented on the situation, stating, “Bitcoin and Ethereum spot ETFs are witnessing significant inflows, which reflects a growing confidence from institutions.” He added that if macro conditions hold, this increase could enhance liquidity for both assets and drive further momentum.
BlackRock Explores ETF Tokenization
In other news, BlackRock is reportedly looking into the possibility of tokenizing ETFs on blockchain networks, inspired by the success of Spot Bitcoin ETFs. The firm is particularly focused on tokenizing funds connected to real-world assets (RWAs), although they face certain regulatory challenges.
Tokenized ETFs could introduce new features such as round-the-clock trading and better integration within the Decentralized Finance (DeFi) ecosystem.
