TL;DR
- Bitcoin and Ethereum ETFs experienced significant inflows yesterday, with Fidelity leading the pack.
- Bitcoin funds pulled in roughly $152 million, while Ethereum ETFs recorded nearly $178 million, their strongest day since October.
- Despite broad inflows, BlackRock’s IBIT faced $135 million in outflows, reflecting portfolio rotation rather than weaker demand, as institutional interest in crypto continues to grow.
U.S. spot Bitcoin ETFs logged net inflows of approximately $152 million yesterday, maintaining steady institutional participation. Fidelity’s FBTC stood out, bringing in $199 million alone and contributing the bulk of the day’s total.
Spot Bitcoin ETFs Continue to Attract Institutional Capital
Other major issuers, including Grayscale, Bitwise, ARK Invest, Franklin Templeton, Invesco, and WisdomTree, also reported positive inflows, suggesting consistent investor confidence across the category. Analysts note that this influx aligns with Bitcoin holding above the $92,000 mark, indicating a renewed appetite for exposure. Several market observers also highlighted growing interest from pension funds and family offices.
BlackRock Outflows Highlight Rotation Patterns
While the broader market showed inflows, BlackRock’s IBIT experienced net outflows of roughly $135 million. Experts attribute the movement to rotation between products rather than weakening interest in crypto ETFs overall. Despite the divergence, aggregate inflows remained firmly positive, demonstrating that institutions continue adjusting positions amid ongoing macro developments. Analysts also point out that fund managers are rebalancing exposure toward alternative assets while maintaining crypto allocations.
Ethereum ETFs Post Strongest Single-Day Gains Since October
Ethereum ETFs saw nearly $178 million in fresh investments, marking their most substantial single-day performance in weeks. Fidelity once again led inflows, followed closely by Grayscale and BlackRock. The renewed demand coincides with ETH price recovery toward $3,300 and follows recent network improvements from the Fusaka upgrade, which enhanced L2 throughput. The surge suggests broadening investor confidence, extending beyond Bitcoin into other major crypto assets. Additional inflows were noted in products offering exposure to Layer 2 solutions, reflecting diversification trends.
Market Dynamics Show Healthier Structure
Data from exchanges and derivatives markets indicate lower leverage and reduced speculative positioning compared with summer peaks. Whale and mid-sized wallets continue accumulating while retail participants sell into strength, creating a split that often stabilizes longer-term price action. Analysts highlight that the healthier market structure, combined with positive ETF flows, provides a supportive environment for sustained institutional participation.
Bitcoin and Ethereum ETFs are seeing renewed interest from institutional investors, led by Fidelity’s products, while market conditions show reduced leverage and cleaner structure.
