Bitcoin ETF saw a weekly inflow of $2.7 billion, pushing BTC to an all-time high of $119,000. Ethereum ETFS added $908 million, helping ETH rise 17% to a months-long peak of over $3,000. BlackRock’s IBIT and ETHA dominated the fund’s inflow, reflecting strong institutional demand for crypto exposure.
Investor appetite for cryptocurrency exposure via exchange trade funds (ETFs) last week pulled out more than $2.7 billion in Bitcoin ETFs in a five-day net inflow.
The surge in capital marked one of the most powerful weekly performances of these financial vehicles, reflecting the growing institutional demand on Wall Street.
The outstanding activity occurred Thursday and Friday, according to data from Farside Investors.
On Thursday, the second-largest daily inflow in the 18-month history of Bitcoin ETFs on the US list, totaling $1.18 billion.
The inflow was spreading to major funds. BlackRock’s IBIT received $448.5 million, Fidelity’s FBTC received $324.3 million, and Ark Invest’s ARKB raised $268.7 million.
On Friday, momentum continued with an additional $1.03 billion inflow.
BlackRock’s IBIT took the crucial lead, withdrawing $953.5 million. This was ahead of ARKB and was second at $23.5 million.
Earlier this week, daily influx remained positive. It was $226.5 million on Monday, $80.1 million on Tuesday, and $225.7 million on Wednesday.
The weekly net inflow reached $2.72 billion, further highlighting the pace of institutional acceleration in crypto adoption.
In particular, funds have only been seen since June 9th, a single day of net outflow (July 1st).
Ethereum ETF see record weekly profits
Ethereum-based ETFs recorded a huge influx last week, benefiting from building investor confidence over the year’s anniversary.
According to Farside data, the funds resulted in a net inflow of $908.1 million that week.
Thursday was an outstanding day, setting the Ethereum ETF record with an influx of $383.1 million.
BlackRock’s Eta led the way, accounting for more than $300 million.
On Friday, Ether continued to control, winning $137.1 million out of a total of $249 million inflows.
Wednesday added $211.3 million, while Monday and Tuesday donated $62.1 million and $46.7 million, respectively.
This sustained inflow into Ethereum funds helped raise the price of ETH.
Starting from about $2,500 a week, Ethereum climbed over $3,000 on Friday. Since then, it has pulled just below $3,000, but its assets have risen over 17% that week.
Cryptocurrency prices respond to institutional momentum
The robust ETF inflow directly affected the underlying asset prices.
Bitcoin surged over $10,000 a week, hitting an all-time high of $119,000 on Friday.
Ethereum likewise saw its best performance in months, supported by an increase in capital inflows and new investor optimism.
In total, both Bitcoin and Ethereum ETFs raised more than $3.6 billion in capital last week, highlighting the growing role of crypto assets in their mainstream investment portfolios.
With consistent inflows and new highs in asset prices, institutional interest in cryptocurrencies appears to be far from decline.
