Bitcoin and Ethereum ETFs have recently captured the attention of investors, attracting a whopping $1.1 billion in net inflows on January 6, 2025. This impressive figure follows what could only be described as a rocky start to the year, where Bitcoin ETFs experienced a $320 million dip. The latest data from CoinGlass reveals a remarkable turn of events: Bitcoin and Ethereum ETFs together have drawn in $1.75 billion during just the first two trading days of January. This notable momentum comes after a productive 2024, which saw these ETFs gather a total of $38 billion, offering investors a more straightforward way to access leading cryptocurrencies through traditional brokerage accounts in the U.S.
Breaking it down further, Bitcoin ETFs accounted for $987 million of the overall total. Among the leaders in this surge, Fidelity’s FBTC emerged as a standout, pulling in approximately $370.2 million, while BlackRock’s IBIT followed closely with $209.1 million. Not to be left out, other funds like ARKB from Ark Invest, Grayscale’s GBTC, and Bitwise’s BITB made significant contributions to this influx. This positive trend—fueling a two-day streak of inflows—comes as a refreshing change after a challenging period marked by outflows in December 2024 and early January 2025.
On the Ethereum front, the ETFs reported a solid $128.7 million in net inflows on the same day. BlackRock’s iShares Ethereum Trust (ETHA) took the lead, bringing in $124.1 million and boosting its total assets to $4.11 billion. Fidelity’s Ethereum Fund (FETH) added $4.6 million to the mix, contributing to a total of $2.8 billion in net inflows since these ETFs launched in mid-2024.
Currently, U.S. spot Bitcoin ETFs manage assets worth $116.67 billion, which represents 5.77% of Bitcoin’s market cap. In comparison, Ethereum ETFs hold about $13.47 billion, accounting for 3.01% of Ethereum’s market cap. Significantly, Bitcoin ETFs have been more popular, even surpassing Bitcoin miner production in December 2024. Smaller players in the Bitcoin ETF market, like Grayscale’s Bitcoin Mini Trust and the VanEck Bitcoin ETF, have also enjoyed notable inflows.
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Ultimately, this content serves as informational material. Always conduct your own thorough research and analysis before making any decisions related to cryptocurrency investments or funds related to Bitcoin and Ethereum. The perspective offered here reflects the author’s own views and does not necessarily align with those of CoinMarketCap.
