Bitcoin spot ETFs saw daily net inflows of $249 million, with BlackRock’s Bitcoin ETF (IBIT) leading the charge.
Over a five-day streak, IBIT amassed a total inflow of $344 million, pushing the total net asset value (NAV) of Bitcoin spot ETFs to an impressive $121.4 billion.
These consistent inflows reflect growing confidence from institutional investors in Bitcoin as a key digital asset.
Ethereum spot ETFs also experienced notable growth, with a daily net inflow of $70.6 million. BlackRock’s Ethereum ETF (ETHA) accounted for the majority of these inflows, bringing in $79.1 million, while Fidelity’s Ethereum ETF (FETH) contributed $9 million.
The Ethereum ETF market has recorded six consecutive days of positive inflows, showcasing robust demand from institutional players.
These trends highlight the pivotal role of ETFs in bridging traditional finance with the cryptocurrency market. As regulatory frameworks continue to evolve and adoption widens, Bitcoin and Ethereum ETFs are becoming an increasingly attractive avenue for mainstream investors seeking exposure to digital assets.
With over $121 billion managed by Bitcoin ETFs and Ethereum ETFs following a similar growth pattern, the market is poised for further expansion in 2025.
His prediction is rooted in growing instability across traditional financial systems and what he believes is the emergence of the most powerful bull market in history.
Japanese investment firm Metaplanet has officially joined the ranks of the world’s largest corporate Bitcoin holders, announcing Thursday the purchase of 145 BTC — pushing its total stash to 5,000 BTC, currently valued at around $460 million.
As global sanctions continue to isolate Russia from traditional financial networks, the country’s top financial bodies — the Central Bank and the Ministry of Finance — are preparing to launch a government-backed cryptocurrency exchange.
Veteran Bloomberg Intelligence strategist Mike McGlone has reiterated his bearish stance on Bitcoin, adding Dogecoin (DOGE) to the list of assets showing signs of weakness.