-
BlackRock’s Bitcoin and Ether funds led a surge in crypto-themed ETF inflows, marking one of the largest daily capital injections in recent history.
-
US spot Bitcoin ETFs attracted $1.17 billion on Thursday alone, with BlackRock’s iShares Bitcoin Trust ETF and Fidelity’s Wise Origin Bitcoin Fund capturing significant portions of this influx.
-
According to COINOTAG, BlackRock’s iShares Ethereum Trust ETF (ETHA) recorded its highest-ever daily net inflow of $300.9 million, underscoring growing institutional interest in Ether.
BlackRock’s Bitcoin and Ether ETFs saw record inflows, with US spot Bitcoin ETFs drawing $1.17B and Ether ETFs hitting historic net inflows, signaling robust institutional demand.
Record Inflows Highlight Growing Institutional Appetite for Bitcoin and Ether ETFs
The cryptocurrency market witnessed a significant capital influx as Bitcoin and Ether spot ETFs attracted near-record investments on Thursday. US spot Bitcoin ETFs collectively garnered $1.17 billion in net inflows, driven primarily by BlackRock’s iShares Bitcoin Trust ETF (IBIT), which alone accounted for $448 million. Fidelity’s Wise Origin Bitcoin Fund also contributed substantially with $324 million. This surge coincided with Bitcoin’s price rallying past $113,800, reinforcing investor confidence in the asset’s upward trajectory.
Ether spot ETFs mirrored this momentum, registering a total net inflow of $383.1 million—their second-largest ever. BlackRock’s iShares Ethereum Trust ETF (ETHA) led this charge, posting its highest single-day net inflow of $300.9 million. These figures illustrate a growing institutional embrace of Ether, complementing the broader trend of increased adoption of crypto assets within traditional investment portfolios.
ETF Inflows Outpace Coin Issuance, Indicating Strong Demand
Analysis reveals that the inflows into Bitcoin and Ether ETFs are currently outstripping the net issuance of the underlying cryptocurrencies. Over the past 24 hours, Ethereum’s net issuance stood at approximately 2,110 ETH, valued near $6.33 million, a figure dwarfed by the $383.1 million inflow into Ether spot ETFs. Similarly, US Bitcoin ETFs have collectively acquired Bitcoin worth $28.22 billion in 2025, while Bitcoin miners have issued $7.85 billion in new coins during the same timeframe, according to Galaxy Research.
This dynamic suggests that ETF demand is absorbing a significant portion of newly minted coins, potentially exerting upward pressure on prices. The disparity between issuance and ETF inflows underscores the growing role of institutional investors in shaping crypto market liquidity and valuation.
Legacy Financial Platforms Maintain Gatekeeping Role Despite Rising ETF Interest
Despite the robust inflows, some traditional financial advisers remain cautious about recommending Bitcoin and Ether spot ETFs. Nate Geraci, president of NovaDius Wealth Management, highlighted on social media that major platforms like Vanguard continue to restrict access to these products. This gatekeeping limits broader retail investor participation, even as institutional demand surges.
The hesitancy among legacy advisers contrasts with the enthusiasm observed in ETF inflows, signaling a transitional phase in the integration of crypto assets into mainstream financial services. As regulatory clarity improves and platforms evolve, wider accessibility to these ETFs could further accelerate capital inflows and market maturation.
Implications for the Crypto Market and Future Outlook
The substantial inflows into Bitcoin and Ether ETFs reflect a pivotal shift towards institutional adoption, with funds increasingly serving as conduits for large-scale investment. This trend may enhance market stability by introducing more regulated and transparent investment vehicles, while also increasing liquidity.
Investors and market participants should monitor ETF inflow patterns alongside coin issuance metrics to gauge supply-demand dynamics. Continued growth in ETF assets under management could influence price discovery and volatility, underscoring the importance of these funds in the evolving crypto ecosystem.
Conclusion
BlackRock’s leadership in attracting record inflows to its Bitcoin and Ether ETFs highlights the growing institutional appetite for crypto exposure through regulated investment products. The current inflow levels surpass new coin issuance, emphasizing strong demand that could impact market supply and pricing. While legacy financial platforms maintain a cautious stance, the momentum behind crypto ETFs signals a transformative phase in asset adoption. Investors should stay informed on ETF developments as these products increasingly shape the future of cryptocurrency investment.
