🚀 Bitcoin & Ethereum ETFs Explode: Record Weekly Inflows Signal Bull Run

Crypto's institutional takeover accelerates as spot ETFs for Bitcoin and Ethereum smash inflow records.

Wall Street's New Addiction

Traditional finance can't resist crypto's siren call—even as bankers still pretend to 'hate the tech.' Billions pour into digital asset ETFs while Jamie Dimon quietly buys the dip.

The Institutional Floodgates Open

No more 'uncorrelated asset' talk. Bitcoin and Ethereum ETFs are now the hottest parking spot for smart money—leaving gold ETFs gathering dust like your grandpa's stock certificates.

Funny how fast 'speculative garbage' becomes 'portfolio diversification' when there's profit to be made.

The amount of net inflows in Bitcoin spot ETFs remains unchanged for five weeks in a row,  indicating unwavering investor interest.

BlackRock’s IBIT has been the best performer, collecting more than $953 million in a single day. The fund is now at $84.20 billion in net assets. Fidelity’s FBTC has also risen with a $12.61 billion total net inflow, while Grayscale’s GBTC continues to be on the losing side with another weekly outflow of $23.38 billion. 

Other ETFs like ARKB, BRRR, and BITB have also recorded sizable inflows during the same period.

Concurrently, ethereum is also very active; its ETFs garnered $908 million last week, indicating increased trust in ETH as a compliant trade. This is a good sign for other ETFs, especially considering well-known crypto assets like Solana, XRP, ADA, etc.

Most of all, no ETH ETFs saw any outflows, thus continuing a strong nine-week streak of continuous inflow activity.

Bitcoin is currently priced at around $122,305, while Ethereum is hovering near the $3,034 level, which underlines the success of regulated crypto products

The recent increase in inflows implies that investors are becoming more confident in crypto-based ETFs as a vehicle for their long-term investment strategy. With both BTC and ETH spot funds experiencing steady capital inflows, it can be inferred that there is a growing interest in regulated crypto exposure.

Also Read: ProShares XRP ETF Launch Set for July 18 Amid Crypto Week Buzz