Spot Bitcoin ETFs have entered 2025 with significant momentum, according to Bloomberg’s ETF analyst Eric Balchunas. Following record inflows in 2024, these fund products are influencing the U.S. ETF industry.
Bitcoin ETFs Kick Off 2025 with Strength
Bitcoin ETFs have already attracted $4.2 billion in net assets this year, which is 6% of total ETF assets. Balchunas noted that BlackRock’s IBIT, Fidelity’s FBTC, and Ark/21Shares’ ARKB are the main players. This year, BlackRock’s IBIT has seen inflows over $2.3 billion, while Fidelity’s FBTC received $1.1 billion.
Bitcoin ETFs Surpass ESG Funds
Spot Bitcoin ETFs now have an aggregate AUM higher than ESG ETFs. Leading ESG funds, such as Vanguard ESG and SPDR S&P 500 Fossil Fuel Reserves Free ETF, possess assets worth $117 billion. This indicates that Bitcoin ETFs are securing their place in the market.
Ethereum and Altcoin ETFs Lag Behind
Despite the performance of Bitcoin ETFs, Ethereum and newly launched altcoin ETFs haven't witnessed similar growth. Ethereum ETFs attracted $130 million this year, and applications for altcoin ETFs, including Solana, XRP, and others, remain relatively small.
Spot Bitcoin ETFs continue to attract significant investor interest, considerably outpacing ESG funds and other crypto products. They are expected to maintain their lead in the ETF market.
