Record-Breaking Day for Crypto ETFs
Ethereum and Bitcoin spot exchange-traded funds (ETFs) recorded massive combined inflows on Monday, topping $1 billion in a single day. Ethereum ETFs drew $547 million, while Bitcoin ETFs followed closely with $522 million in net inflows.
Ethereum ETFs Bounce Back After Outflows
After five consecutive days of outflows, Ethereum spot ETFs turned positive with a strong $547 million surge, according to SoSoValue.
- Fidelity’s Ethereum Fund (FETH) led the pack with $202 million in inflows.
- BlackRock’s iShares Ethereum Trust (ETHA) added another $154 million.
Ethereum ETFs now manage $27.5 billion in assets under management (AUM), which accounts for about 5.4% of Ethereum’s circulating market cap.
Bitcoin ETFs Maintain Momentum
Bitcoin ETFs also showed strong investor confidence, securing $522 million in net inflows.
- Fidelity’s FBTC led with $299 million.
- ARK 21Shares Bitcoin ETF (ARKB) followed with $62 million.
- BlackRock’s iShares Bitcoin Trust (IBIT) was the only fund in the red, posting a $46.6 million outflow.
In total, the 12 Bitcoin spot ETFs now hold $150 billion AUM, representing 6.6% of Bitcoin’s total market capitalization.
Crypto Market Resilience
The surge in ETF demand reflects renewed optimism in the crypto market after a mid-September pullback.
- Bitcoin (BTC) is trading around $114,000, marking a 2.1% gain in the last 24 hours after briefly dipping from its earlier high of $115,970 this month.
- Ethereum (ETH) rebounded above $4,000, climbing 3% to trade at $4,178.
Why It Matters
The return of strong inflows highlights the growing role of Bitcoin ETFs and Ethereum ETFs in mainstream finance. With institutions like Fidelity and BlackRock driving demand, crypto ETFs are becoming an increasingly important vehicle for exposure to digital assets.
