Crypto ETFs Roar Back: Ethereum and Bitcoin See Biggest Inflows Since January

Wall Street’s favorite crypto proxies just got a massive vote of confidence—or is it just FOMO dressed in a suit?

Spot Bitcoin and Ethereum ETFs gulped down fresh capital like a dehydrated trader at happy hour. The numbers don’t lie: this marks the fattest inflows since the ball dropped on 2025.

What changed? Maybe institutions finally noticed blockchain doesn’t actually run on Excel spreadsheets. Or perhaps they’re hedging against the Fed’s next ’transitory’ inflation narrative.

One thing’s certain—when the suits start buying, the crypto winter feels a whole lot warmer. Just don’t ask them to explain how the blockchain works over martinis.

The biggest ETF gainer was BlackRock’s IBIT fund, currently holding 651,620 individual Bitcoins. These inflows recently helped BlackRock overtake Binance as the second-biggest Bitcoin holder. Currently, only Satoshi Nakamoto’s inactive wallet address holds more Bitcoin, or 1.123 million. Interestingly, Michael Saylor’s Strategy is in fourth place, with 576 Bitcoins.

Ethereum ETFs see five days of positive inflows

Ethereum ETFs, on the other hand, registered 110 million in net inflows, the biggest single-day gain since February 4. The biggest gainer among ETFs was Grayscale’s ETHE fund, with $43.7 million in net inflows.

This marks the fifth consecutive day of positive inflows for Ethereum ETFs. These funds currently hold a total of $10.07 billion in assets under management. This followed a strong ETH price performance, registering a 44% gain since the start of May. This suggests continued interest in Ethereum, even as several other tokens could be getting their spot ETFs soon.

Traders appear to be jumping in to take advantage of Bitcoin’s bull market rally, which hit a new all-time high on May 22 at $111,970. Notably, crypto markets have remained resilient despite a general retreat in the stock market, as U.S. government debt and tariffs rattle the markets.