Bitcoin and Ethereum investors flocked to find ETFs on Thursday, recording the second-largest one-day net inflow in fund history.
Bitcoin and Ethereum ETFs have had the second largest inflow day in history
The Spot Bitcoin ETF saw a total of $1.17 billion inflows. The $448 million of this comes from $324 million from BlackRock’s iShares Bitcoin Trust ETF (IBIT) and Fidelity’s Wise Origin Bitcoin Fund. These strong influx followed Bitcoin’s record high of $113,800.
This figure marked the second highest daily inflow in ETF history, following a record $1.37 billion inflow on November 7, 2024. That record comes after Donald Trump won the US presidential election.
The Ethereum ETF is close to record
The Ethereum Spot ETF saw a net inflow of $383.1 million on the same day, marking the second highest daily inflow of ether funds in history.
The majority of this influx came from the iShares Ethereum Trust ETF (ETHA) in BlackRock. This broke its own record for $300 million.
This demand for ETFs is significantly outpacing the new supply of Bitcoin and Ethereum in the market.
Ethereum’s net supply for the past 24 hours was 2,110 ETH (approximately $6.33 million), but in the same period, a $383.1 million ETH inflow occurred in spot ETFs.
Until 2025, the institutional investment company’s strategy was to purchase $28.222 billion worth of BTC through the US spot Bitcoin ETF. During the same period, Bitcoin Miner produced just $7.855 billion worth of new BTC. This data suggests that ETFs are overwhelmingly absorbing the supply of Bitcoin.
Nate Geraci, president of Novadius Wealth Management, spoke today on X and highlighted that these strong influx occurred despite the fact that many traditional financial advisors still do not provide these ETFs to their clients.
“Major platforms like Vanguard still limit access to these ETFs,” Geraci said, noting that despite these restrictions, institutional investors are driving demand.
This institutional interest in Bitcoin and Ethereum ETFs is interpreted as an indication that crypto assets are no longer being a speculative investment vehicle, but are beginning to be accepted as a powerful alternative asset in a macroeconomic environment.
*This is not investment advice.