Bitcoin, Ether ETFs clock second-biggest day of inflows on record

Bitcoin, Ether ETFs clock second-biggest day of inflows on record

Source: Cointelegraph

Published:2025-07-11 07:58

BTC Price:$117601

#btc #eth #bitcoinetf

Analysis

Price Impact

High

Record inflows into bitcoin and ether etfs suggest strong institutional and retail demand, which can drive prices upward.

Trustworthiness

High

Report is based on data from farside investors and galaxy research, reputable sources in the financial analysis space.

Price Direction

Bullish

The significant inflows into etfs indicate strong buying pressure, which, coupled with bitcoin's price already reaching new highs, points to a bullish trend.

Time Effect

Short

The immediate effect is bullish due to the buying pressure. the long-term effect will depend on whether these inflows are sustained and if demand continues to outpace supply.

Original Article:

Article Content:

Tarang Khaitan 6 minutes ago Bitcoin, Ether ETFs clock second-biggest day of inflows on record BlackRock’s Bitcoin and Ether funds were the biggest beneficiaries of Thursday’s net inflows. Listen 0:00 61 News COINTELEGRAPH IN YOUR SOCIAL FEED Bitcoin and Ether investors piled into their respective crypto-themed funds on Thursday, marking their second-largest daily inflows since their inception. US spot Bitcoin exchange-traded funds inflows totaled $1.17 billion, with $448 million coming from BlackRock’s iShares Bitcoin Trust ETF (IBIT) and $324 million from Fidelity’s Wise Origin Bitcoin Fund, according to Farside Investors. The near-record inflows came as Bitcoin topped $113,800 , setting new highs and continuing to rally into Friday. The inflows come second to the $1.37 billion recorded on Nov. 7, 2024, when Donald Trump won the US presidential election. Meanwhile, Ether spot ETFs witnessed a total net inflow of $383.1 million on Thursday, which also marks the second-highest net inflow in history for the funds. Ether spot ETFs witnessed their second-biggest net inflow on Thursday, with ETHA witnessing its best day of net inflow. Source: Farside Investors The lion’s share of inflows came from BlackRock’s iShares Ethereum Trust ETF (ETHA), which saw $300.9 million in net inflows — its highest daily inflow on record. Related: Bitcoin investors have now splashed over $50B on US spot ETFs In a Friday X post , NovaDius Wealth Management president Nate Geraci said the near-record inflows occurred despite legacy financial advisers’ hesitation to offer Bitcoin or Ether spot ETFs. “Major platforms such as Vanguard are still gatekeeping these ETFs,” Geraci added. Bitcoin demand beating production Both Bitcoin and Ether spot ETFs are absorbing the net issuance of their respective coins. In the past 24 hours, ETH net issuance stood at 2,110 ETH, worth approximately $6.33 million, according to the Ethereum tracking website Ultra Sound Money. This far exceeds Thursday’s total net inflow into Ether spot ETFs, which stood at $383.1 million. Meanwhile, Strategy and the US Bitcoin ETFs have collectively bought Bitcoin worth $28.22 billion in 2025, while Bitcoin miners’ net new issuance has amounted to $7.85 billion during the same period, according to Galaxy Research. Magazine: China’s 100K TPS blockchain, Japan’s Minna Bank eyes Solana # Bitcoin # Cryptocurrencies # Ethereum # Bitcoin Price # Investments # United States # Cryptocurrency Investment # Ethereum ETF # Bitcoin ETF # BlackRock # ETF Add reaction