Cryptocurrency-focused Exchange-Traded Funds (ETFs) are seeing significant inflows into both Bitcoin and Ethereum, demonstrating ongoing interest from institutional and retail investors.
Overall State of Crypto ETFs
Crypto-focused ETFs are reflecting large inflows, indicating a sustained interest from both institutional and retail investors. The data shows that while Bitcoin ETFs continue to hold a substantial market share, Ethereum ETFs are experiencing stronger net inflows.
Inflows into Bitcoin ETFs
Bitcoin ETFs remain a core element of institutional interest. The iShares Bitcoin Trust (IBIT) holds the largest amount of Bitcoin with 696,875 BTC, and over the past week, this fund saw an inflow of 3,998 BTC. However, not all Bitcoin funds are showing positive growth: the Grayscale Bitcoin Trust (GBTC), holding 183,950 BTC, faced a net outflow of 1,187 BTC over the past week. The total Bitcoin holdings across ETFs increased by 7,726 BTC, with a net inflow of 2,226 BTC, amounting to approximately $245.34 million.
Growth of Ethereum ETFs
Ethereum ETFs are showing greater growth currently. The Grayscale Ethereum Trust (ETHE), holding 1,131,439 ETH, recorded an inflow of 4,063 ETH in the last 24 hours but also experienced a net outflow of 7,667 ETH over the past week. Meanwhile, the iShares Ethereum Trust (ETHA) with 1,773,112 ETH reported a daily inflow of 4,539 ETH. Overall Ethereum holdings across ETFs currently amount to 4,122,593 ETH, reflecting a net growth of 45,980 ETH during the week, highlighting strong institutional interest in Ethereum.
Investments in Bitcoin and Ethereum ETFs highlight the increasing institutional presence in the cryptocurrency space. While Bitcoin maintains dominance, Ethereum is showing a more intense growth trajectory, signaling heightened interest in this asset.
