BlackRock's spot Bitcoin ETF pulled in $204 million in inflows this week, and the broader Bitcoin ETF category finished in the green despite a rough Monday. Ether ETFs also had a strong week, adding $105 million in inflows — beating the Bitcoin funds' weekly take.
BlackRock's $204M Haul
The $204 million that flowed into BlackRock's fund accounted for the bulk of the week's net gains across Bitcoin ETFs. The fund's draw came after a Monday sell-off that dragged down prices across the board, but buyers stepped in through the rest of the week. The exact split between daily inflows isn't public yet, but the total is the largest single-week intake for any single issuer in recent weeks.
Ether ETFs Outpace Bitcoin
Ether ETFs added $105 million in inflows over the week, according to data compiled by the exchange. That's a notable shift — Ether funds have often lagged behind Bitcoin products in terms of weekly demand. This week, they actually surpassed their Bitcoin counterparts. The reversal suggests that institutional interest in Ethereum is picking up, or at least that some traders saw the Monday dip as a better entry point for ether than for bitcoin.
Monday's Retreat and the Recovery
The week started with a sharp retreat on Monday. Prices dropped, and the ETF flows initially reflected that cautious mood. But by Tuesday, the buying resumed. The broad inflows that followed pushed the Bitcoin ETF category into net positive territory for the week, and Ether ETFs followed suit. The pattern — a quick sell-off followed by a steady grind higher — has played out several times this year, and this week was no exception.
With BlackRock's $204 million and the Ether ETF haul, the total weekly inflows across both categories came in well above the previous week's numbers. The question now is whether the momentum carries into the next trading week, or if the market's appetite for crypto exposure cools again.
