Amid record Bitcoin prices, investments in exchange-traded funds (ETFs) for Bitcoin and Ethereum have reached historic levels, demonstrating a growing interest from investors.
Inflows to Bitcoin ETFs
On Thursday, Bitcoin exchange-traded funds recorded inflows totaling $1.17 billion. Of this amount, $448 million came from BlackRock's iShares Bitcoin Trust ETF (IBIT), and $324 million from Fidelity's Wise Origin Bitcoin Fund. This significant inflow occurred against a backdrop of Bitcoin prices hitting a record high of $113,800.
Currently, this inflow represents the second largest in ETF history, following a record inflow of $1.37 billion recorded on November 7, 2024.
Inflows to Ethereum ETFs
Ethereum ETFs also experienced substantial inflows, amounting to $383.1 million on the same day, marking the second highest inflow in history for Ethereum funds. The majority of this inflow came from BlackRock's iShares Ethereum Trust ETF (ETHA), which set its own record with $300.9 million.
This demand for ETFs significantly outpaces the new supply of Bitcoin and Ethereum in the market.
Institutional Investments and Their Significance
In 2025, the investment firm Strategy purchased $28.22 billion worth of Bitcoin through US spot Bitcoin ETFs. During the same period, Bitcoin miners produced only $7.85 billion worth of new Bitcoin. This data suggests that ETFs are overwhelmingly absorbing the Bitcoin supply.
NovaDius Wealth Management President Nate Geraci highlighted on X that these strong inflows occurred despite the fact that many traditional financial advisors still do not offer these ETFs to their clients. "Major platforms like Vanguard are still limiting access to these ETFs," Geraci noted. This institutional interest in Bitcoin and Ethereum ETFs is interpreted as an indication that crypto assets are no longer merely speculative investment vehicles but are beginning to be accepted as strong alternative assets in the macroeconomic environment.
The growing interest in Bitcoin and Ethereum ETFs highlights the changing perception of crypto assets and their role in the financial landscape, indicating potential shifts in investment strategies.
