Bitcoin investors flocked.
and Ethereum.
intensely into spot exchange-traded funds on Thursday, recording the second largest daily net inflow in the history of the funds.
Bitcoin and Ethereum exchange-traded funds experienced their second largest daily inflow ever.
Spot Bitcoin ETFs had total inflows of $1.17 billion. Of this amount, $448 million came from BlackRock's iShares Bitcoin Trust ETF (IBIT), and $324 million came from Fidelity's Wise Origin Bitcoin fund. These strong inflows followed Bitcoin reaching a record level of $113,800.
This figure represents the second highest daily inflow in the history of exchange-traded funds, following the record inflow of $1.37 billion on November 7, 2024. This record came after Donald Trump's victory in the U.S. presidential elections.
Spot Ethereum ETFs are nearing record numbers.
Spot Ethereum ETFs saw net inflows of $383.1 million on the same day, marking the second highest daily inflow for Ether funds in history.
The bulk of this inflow came from BlackRock's iShares Ethereum Trust ETF (ETHA), which broke its previous record with $300.9 million.
This demand for Ethereum ETFs significantly exceeds the new supply of Bitcoin and Ethereum in the market.
While the net supply of Ethereum over the past 24 hours was 2,110 Ethereum (approximately $6.33 million), the value of inflows into spot Ethereum ETFs reached $383.1 million during the same period.
As of 2025, the institutional investment firm Strategy purchased $28.22 billion worth of Bitcoin through U.S. spot Bitcoin ETFs. During the same period, Bitcoin miners produced only $7.85 billion worth of new Bitcoin. This data indicates that ETFs are capturing a significant share of Bitcoin's supply.
Nate Gherasi, head of Novadus Wealth Management, confirmed in a conversation on the X program today that these strong inflows occurred despite many traditional financial advisors still not offering these funds to their clients.
Gherasi stated: "Major platforms like Vanguard still limit access to these funds," noting that institutional investors are driving demand despite these restrictions.
This institutional interest in Bitcoin and Ethereum ETFs is interpreted as an indicator that cryptocurrencies are no longer merely speculative investment tools but are starting to be accepted as strong alternative assets in the macroeconomic environment.