Bitcoin and Ethereum exchange-traded funds (ETFs) attracted a combined $3.6 billion in net inflows last week, reflecting explosive institutional interest.
Key Takeaways
- 1Bitcoin ETFs pulled in $2.7 billion over five trading days, with record activity on Thursday and Friday
- 2Ethereum ETFs added $908 million, hitting their best week since launch
- 3Strong inflows helped push Bitcoin to a new all-time high of nearly $119,000
- 4Ethereum jumped past $3,000, marking a 17% weekly gain
What a week it was for crypto on Wall Street. Bitcoin and Ethereum ETFs lit up the charts, luring billions in fresh capital and boosting prices to eye-popping levels. If anyone still doubted institutional demand for crypto, last week might’ve changed their mind.
Bitcoin ETFs Set Records With $2.7 Billion Inflows
Investor demand for Bitcoin exposure via ETFs surged dramatically last week. According to data from FarSide Investors, US-listed Bitcoin ETFs attracted $2.72 billion in net inflows over just five trading days, making it one of their best weeks ever.
- Thursday alone brought in $1.18 billion, the second-largest single-day inflow since these funds launched 18 months ago.
- BlackRock’s IBIT led with $448.5 million
- Fidelity’s FBTC drew $324.3 million
- ARK Invest’s ARKB took in $268.7 million
- Friday added another $1.03 billion, with IBIT dominating again at $953.5 million, while ARKB trailed with just $23.5 million
- Earlier in the week:
- Monday: $216.5 million
- Tuesday: $80.1 million
- Wednesday: $215.7 million
Since June 9, the ETFs have posted only one day of net outflows (on July 1), showing a strong and consistent inflow trend.
This influx of capital helped propel Bitcoin’s price to an all-time high, climbing over $10,000 in a week and hitting nearly $119,000 on Friday.
Ethereum ETFs Ride the Wave With $908 Million Inflows
Ethereum-based ETFs also had a banner week, just shy of their one-year anniversary.
- Total net inflows reached $908.1 million
- Thursday broke records with $383.1 million, over $300 million of which went to BlackRock’s ETHA
- Friday brought in $204.9 million, with ETHA capturing $137.1 million
- Wednesday: $211.3 million
- Monday and Tuesday: $62.1 million and $46.7 million
The price of Ethereum responded accordingly. Starting the week around $2,500, ETH surged past $3,000 on Friday, marking a 17% weekly gain before pulling back slightly under $3,000.
Institutional Demand Is Not Slowing Down
Between both asset classes, Bitcoin and Ethereum ETFs attracted more than $3.6 billion last week. These figures send a strong signal that institutional players are embracing crypto as a long-term asset class.
It also reflects increasing confidence in regulated investment vehicles like ETFs, particularly as markets anticipate more clarity from regulators and broader adoption across traditional finance.
CoinLaw’s Takeaway
I’ve got to say, this kind of institutional momentum is hard to ignore. When nearly $4 billion flows into crypto ETFs in one week, it’s not just a blip it’s a seismic shift. BlackRock and Fidelity are not small players, and their dominance in ETF inflows tells us Wall Street is not just flirting with crypto anymore. They’re diving in. If this pace keeps up, we could see Bitcoin and Ethereum take on entirely new roles in global finance.
