Bitcoin ETFs Shine With Strong Inflows as Ethereum Demand Cools
Bitcoin ETF – Spot Ethereum exchange-traded funds (ETFs) have recorded their second consecutive week of outflows, signaling a potential cooling of investor sentiment after months of heavy inflows.
According to SoSoValue data, Ether (ETH) products saw $243.9 million in net redemptions for the week ending Friday, following the prior week’s $311 million outflow. The back-to-back declines bring cumulative inflows across all spot Ether ETFs to $14.35 billion, with total net assets now standing at $26.39 billion — roughly 5.55% of Ethereum’s market capitalization.
On Friday alone, the funds logged $93.6 million in outflows. BlackRock’s ETHA ETF led withdrawals with $100.99 million, while Grayscale’s ETHE and Bitwise’s ETHW posted minor inflows, slightly offsetting the broader retreat.
Bitcoin ETFs Rebound with $446 Million in Weekly Inflows
In contrast, spot Bitcoin (BTC) ETFs have regained momentum, attracting $446 million in net inflows over the same week as institutional investors appear to be rotating back into the market. SoSoValue data shows that on Friday, Bitcoin products added another $90.6 million, bringing total cumulative inflows to $61.98 billion and total net assets to $149.96 billion, representing 6.78% of Bitcoin’s market cap.
BlackRock’s iShares Bitcoin Trust (IBIT) led the charge with $32.68 million in daily inflows, followed closely by Fidelity’s FBTC, which added $57.92 million. IBIT remains the largest Bitcoin ETF with $89.17 billion in assets, while FBTC holds $22.84 billion.
Investors Rotate Toward “Digital Gold” Narrative
Vincent Liu, chief investment officer at Kronos Research, noted that the latest ETF flows point to a “strong rotation into Bitcoin” as investors lean into its store-of-value narrative amid global uncertainty and expectations of future interest rate cuts.
Liu added that while Ethereum’s ETF outflows reflect cooling demand and weaker on-chain activity, Bitcoin continues to benefit from renewed institutional confidence. Looking ahead, he expects BTC inflows to stay robust, with Ethereum potentially recovering only if network activity strengthens or new market catalysts emerge.
