Bitcoin, Ether ETFs clock second-biggest day of inflows on record

Bitcoin and Ether ETFs just posted their second-largest day of inflows on record, signaling a surge in institutional demand and renewed investor confidence. The rally coincided with both cryptocurrencies reaching fresh all-time highs, drawing even more attention to crypto markets.

On Thursday, US spot Bitcoin ETFs absorbed $1.17 billion in net inflows. BlackRock’s iShares Bitcoin Trust ETF (IBIT) led the charge, pulling in $448 million, while Fidelity’s Wise Origin Bitcoin Fund added $324 million. These inflows came as Bitcoin’s price topped $113,800 and continued to climb until Friday.

What fueled the latest surge in Bitcoin and Ether ETF inflows?

The latest wave of inflows comes second only to the $1.37 billion recorded on November 7, 2024, the day of the US presidential election. Analysts attribute this week’s surge to a combination of bullish market sentiment, favorable signals from the Federal Reserve, and a growing appetite for risk assets among institutional investors.

Ether spot ETFs also saw remarkable activity, with $383.1 million in net inflows, marking their second-biggest day on record. BlackRock's iShares Ethereum Trust ETF (ETHA) led the way, recording its highest daily inflow ever at $300.9 million. The strong demand pushed Ether above $3,000 for the first time since February.

Did you know?
On July 11, 2025, Bitcoin’s market cap surpassed $2.3 trillion, making it more valuable than Meta and Berkshire Hathaway combined.

Are ETFs changing the landscape for crypto investment?

The explosive growth in ETF inflows highlights a seismic shift in how investors access crypto. Platforms like BlackRock and Fidelity have made it easier for institutions and individuals to buy Bitcoin and Ether through regulated, familiar vehicles. Even as some major financial advisers remain hesitant, the sheer volume of ETF trading, nearly $3.3 billion in a single day, shows the market’s appetite.

ETFs for Bitcoin and Ether are currently absorbing more coins than they are creating. In the past 24 hours, only $6.33 million in new ETH was issued, compared to $383 million in ETF demand. Miners have issued only $7.85 billion worth of Bitcoin in 2025, compared to $28.22 billion purchased by US ETFs. This imbalance is tightening supply and fueling price rallies.

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BlackRock and Fidelity dominate as ETF inflows hit new records

BlackRock’s IBIT and ETHA, along with Fidelity’s funds, continue to dominate the ETF landscape. Their strong inflows underscore the trust investors place in established financial brands. The rapid growth of these products has also helped push Bitcoin’s market cap to $2.3 trillion, outpacing giants like Meta and Berkshire Hathaway.

The ETF-driven rally has led to massive short liquidations, further accelerating price gains. In the past day alone, more than $650 million in Bitcoin shorts and $215 million in Ether shorts were liquidated as prices soared.

Institutional demand outpaces crypto supply, driving prices higher

The ongoing surge in ETF inflows is tightening the available supply of both Bitcoin and Ether, creating a classic supply squeeze. As institutional investors pour billions into crypto through ETFs, the market is experiencing unprecedented upward pressure on prices.

With ETF inflows showing no sign of slowing and both Bitcoin and Ether hitting new records, the stage is set for continued volatility and potential further gains in the months ahead. The world is watching as crypto ETFs reshape the landscape of digital asset investing.