Crypto ETFs Surge as Bitcoin Approaches Record High, Adding $870 Million in a Day


In a major show of strength, Bitcoin-focused ETFs pulled in $870.02 million on Tuesday, bringing total ETF holdings to $72.55 billion, or about 5.07% of Bitcoin’s total market cap. This surge comes as Bitcoin trades near its all-time highs, reflecting renewed interest in crypto assets. The bulk of inflows went to Blackrock’s IBIT fund, which attracted $642.87 million, pushing its reserves to 408,253.09 BTC. Fidelity's FBTC followed closely, gaining $133.86 million, while Bitwise’s BITB secured $52.49 million in new investments.

Other funds, including Grayscale's Bitcoin Mini Trust and Vaneck’s HODL, also saw substantial inflows, although Grayscale’s flagship GBTC experienced outflows of $17.30 million. Overall, the 12 Bitcoin ETFs have brought in $23.28 billion since January 2024, with recent trading volumes hitting $4.75 billion, as reported by .

On the Crypto News side, ETFs recorded $7.65 million in inflows on Tuesday. Blackrock’s ETHA fund led the pack, adding $13.62 million, while Grayscale’s ETHE saw a $5.97 million outflow. Despite recent challenges, cumulative Ethereum fund holdings are estimated at $7.26 billion, accounting for roughly 2.3% of ETH’s total supply.

This trend highlights growing institutional confidence in crypto ETFs as a means to participate in the digital asset space, particularly as Bitcoin and Ethereum near critical market highs. With sustained inflows, both Bitcoin and Ethereum ETFs are positioned to impact the market further in the months ahead.

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