Bitcoin and Ethereum investors flocked heavily to spot ETFs on Thursday, recording the second-largest daily net inflow in the funds’ history.
Bitcoin and Ethereum ETFs Had Their Second Biggest Inflow Day of All Time
Spot Bitcoin ETFs saw a total of $1.17 billion in inflows. $448 million of this came from BlackRock’s iShares Bitcoin Trust ETF (IBIT) and $324 million from Fidelity’s Wise Origin Bitcoin Fund. These strong inflows followed a record high of $113,800 for Bitcoin.
This figure marked the second-highest daily inflow in ETF history, following the record $1.37 billion inflow on November 7, 2024. That record came after Donald Trump won the US presidential election.
Ethereum ETFs Also Near Record
Ethereum spot ETFs also saw net inflows of $383.1 million on the same day, marking the second-highest daily inflow for Ether funds in history.
The bulk of this inflow came from BlackRock’s iShares Ethereum Trust ETF (ETHA), which broke its own record with $300.9 million.
This demand for ETFs significantly outpaces the new supply of Bitcoin and Ethereum in the market.
While Ethereum’s net supply in the last 24 hours was 2,110 ETH (approximately $6.33 million), $383.1 million worth of ETH inflows into spot ETFs occurred in the same period.
Through 2025, institutional investment firm Strategy purchased $28.22 billion worth of BTC through US spot Bitcoin ETFs. During the same period, Bitcoin miners produced only $7.85 billion worth of new BTC. This data suggests that ETFs are overwhelmingly absorbing the Bitcoin supply.
NovaDius Wealth Management President Nate Geraci, speaking on X today, emphasized 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 said, noting that institutional investors are driving demand despite these limitations.
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.
*This is not investment advice.
