Wall Street’s Bitcoin ETF Frenzy Overshadows Ethereum’s Silent Rally
While institutional money floods into Bitcoin ETFs like a hedge fund happy hour, Ethereum just hit an all-time high without the fanfare—proving once again that crypto’s ’quiet kid’ delivers while the loud money chases headlines.
Funny how the ’digital gold’ narrative always seems to coincide with brokers needing a new commission vehicle.
TLDR
- Bitcoin ETFs recorded over 3.6 billion dollars in net inflows by May 20.
- This marks a full recovery from the 4.6 billion dollar outflows seen in early 2025.
- BlackRock’s iShares Bitcoin Trust led the inflows with 287.45 million dollars in one day.
- Fidelity’s Bitcoin ETF followed with 23.26 million dollars in daily inflows.
- Smaller Bitcoin ETFs like ARKB and BITB also saw steady inflow gains.
Monthly net inflows into U.S. Bitcoin ETF products have exceeded $3.6 billion as of May 20, 2025. The surge marks a complete reversal of the earlier $4.6 billion outflows between February and March. As ethereum funds also gain traction, May becomes the strongest month of 2025 for both major crypto ETFs.
Bitcoin ETF Post Strongest Month of 2025
Bitcoin ETFs continue to gain strong momentum, registering $329.02 million in daily net inflows on May 20. Weekly flows have now reached $996.46 million, showing sustained demand. Monthly inflows have surpassed April’s $2.97 billion, reaching $3.63 billion by the third week of May.
BlackRock’s iShares Bitcoin Trust (IBIT) remains the top performer, adding $287.45 million in net inflows in a single day. It holds $67.9 billion in net assets and has collected $46.15 billion in cumulative net inflows. The fund has consistently maintained its lead throughout 2025.
Fidelity’s Wise Origin bitcoin Fund (FBTC) posted a modest $23.26 million in daily inflows. FBTC currently manages $21.33 billion in net assets and has brought in $11.81 billion in total. The fund has been the second-best performing Bitcoin ETF this month.
Mid-Sized Bitcoin ETF Show Steady Performance
The ARK 21Shares Bitcoin ETF (ARKB) recorded $6.36 million in inflows on May 20. Its consistent performance underlines growing support across a wider range of Bitcoin ETF products. The Grayscale Bitcoin Mini Trust followed with $6.16 million in net inflows the same day.
Bitwise Bitcoin ETF (BITB) also reported $5.78 million in net inflows, maintaining stable momentum throughout the month. Although smaller in size, these funds continue to attract capital. Collectively, mid-tier Bitcoin ETFs are reinforcing the bullish sentiment across the sector.
With strong demand, Bitcoin ETFs have become a central vehicle for crypto-related exposure in traditional finance. Their increasing volume signals continued institutional participation. The market remains active as Bitcoin ETF performance surpasses expectations.
Ethereum ETFs Record Best Month of the Year
Ethereum ETF products have posted $108.58 million in total inflows in May, surpassing January’s $101.16 million. On May 20 alone, ETH ETFs gained $64.89 million in daily net inflows. This marks the best single-day performance for ETH funds this year.
BlackRock’s iShares Ethereum Trust (ETHA) took the lead, bringing in $45.04 million in net inflows that day. The fund now holds $3.24 billion in net assets and has accumulated $4.32 billion. ETHA remains the dominant Ethereum ETF throughout 2025.
Fidelity’s FETH followed with $19.85 million in inflows, raising its cumulative total to $1.43 billion. The fund’s net assets stand at a solid $1 billion. Ethereum ETFs continue to attract growing interest amid renewed market momentum.
Both Bitcoin ETFs and Ethereum funds have seen sharp growth this month. The continued inflows indicate a rising demand for regulated crypto investment products. With May not yet over, ETF performance may still set further records.