- Bitcoin and Ether ETFs recorded their second-largest daily inflows, totaling over $1.55 billion combined.
- BlackRock’s Bitcoin (IBIT) and Ether (ETHA) ETFs led inflows, highlighting growing institutional appetite.
- Bitcoin demand through ETFs far exceeds mining production in 2025, reflecting bullish momentum.
- Major financial platforms like Vanguard continue to restrict access to these ETFs despite strong investor interest.
Crypto ETFs See Renewed Investor Appetite Amid Record-High Bitcoin Prices
Bitcoin and Ether investors poured nearly $1.55 billion into spot exchange-traded funds (ETFs) on Thursday, marking the second-highest single-day inflows on record for these crypto investment vehicles. BlackRock BTC and Ether ETFs emerged as the largest beneficiaries, reinforcing the trend of increasing institutional adoption.
According to data from Farside Investors, US spot Bitcoin ETFs attracted $1.17 billion in total inflows. BlackRock’s iShares Bitcoin Trust ETF (IBIT) led the pack with $448 million, followed closely by Fidelity’s Wise Origin Bitcoin Fund, which pulled in $324 million. These inflows accompanied BTC surge past $113,800, setting a new all-time high.
The only larger inflow day occurred on November 7, 2024, when markets responded to Donald Trump’s US presidential election victory, resulting in $1.37 billion in BTC ETF inflows.
Ether ETFs Not Far Behind
Ethereum spot ETFs also posted their second-biggest inflow day ever, pulling in a combined $383.1 million. BlackRock’s iShares Ethereum Trust ETF (ETHA) captured the lion’s share with $300.9 million, marking its best single-day inflow on record.
This surge highlights growing institutional confidence in Ether’s long-term prospects, despite ongoing hesitations from traditional finance platforms.
Institutional Gatekeeping Remain
Despite the inflows, crypto spot ETFs still face resistance from some legacy financial platforms. Nate Geraci, president of NovaDius Wealth Management, noted in a Friday X post that platforms like Vanguard continue to “gatekeep” access to BTC and Ether ETFs, limiting broader retail exposure.
Bitcoin and Ether Demand Outpaces Supply
ETF demand for Bitcoin and Ether has far outstripped new coin issuance. Ethereum saw net issuance of only 2,110 ETH (worth about $6.33 million) in the past 24 hours, dwarfed by Thursday’s ETF inflows of $383.1 million, according to Ultra Sound Money.
Similarly, data from Galaxy Research shows that US Bitcoin ETFs have purchased $28.22 billion worth of BTC in 2025 alone, while BTC miners have produced just $7.85 billion in new BTC during the same period. This widening gap between demand and supply continues to support Bitcoin’s price rally.
