What’s Going On
Bitcoin and Ethereum spot ETFs are seeing a lot of renewed interest from big investors. On Friday alone:
- Spot Bitcoin ETFs got $642 million in net inflows.
- Ethereum spot ETFs pulled in about $405 million.
- These are not just one-off numbers — it’s the fifth straight day of inflows for Bitcoin and the fourth for Ethereum.
Who’s Leading
- For Bitcoin, the big gains came from Fidelity’s FBTC ($315 million) and BlackRock’s IBIT ($265 million).
- On the Ethereum side, BlackRock’s ETHA and Fidelity’s FETH led the day.
What It Means
- Total net assets in Bitcoin spot ETFs are now at roughly $153.18 billion, which is about 6.6% of Bitcoin’s market cap.
- For Ethereum, total assets in the Ethereum ETFs are about $30.35 billion.
Why Investors Seem More Confident
- After a quieter start to the month, things are picking up.
- The crypto market is showing strength again.
- Some macroeconomic factors seem to be stabilizing, which helps big investors feel safer.
What’s Next
- BlackRock is exploring tokenizing ETFs, which means putting ETFs on blockchain networks. This could mean trading them 24/7 or integrating with decentralized finance (DeFi).
- Regulatory challenges remain a big question mark for that kind of tokenization.
Bottom Line
Money is flowing back into crypto through ETFs, especially for Bitcoin and Ethereum. Big players are jumping in, which suggests institutional confidence is growing. If stability continues, this could push more interest and momentum into the crypto market.