Bitcoin ETFs see inflows of 3,168 BTC ($345M), with BlackRock’s fund holding 638,824 BTC, signaling heavy institutional buying.
Ethereum ETFs gain 25,934 ETH ($66.5M) in daily inflows, with BlackRock now managing 1.3M ETH, reflecting rising ETH demand.
Bitcoin hits $110,941 ATH; Ethereum bounces from historical lows, driving momentum for altcoins as ETH/BTC trends upward.
Bitcoin ETFs recorded major inflows this week, indicating heavy institutional buying as BTC hits new highs. 10 Bitcoin ETFs saw a combined daily net inflow of 3,168 BTC, worth over $345 million. BlackRock’s iShares Bitcoin Trust took in 2,704 BTC, raising its holdings to 638,824 BTC, valued at $69.61 billion.
https://twitter.com/lookonchain/status/1925223052914409478
Other ETF participants also expanded their exposure. Fidelity’s Bitcoin fund now holds 200,058 BTC after netting 218 BTC in daily inflows and 1,811 BTC weekly. The ARK 21Shares ETF added 60 BTC in one day, bringing its total to 49,226 BTC as investors continue chasing exposure.
Ethereum ETF Accumulation Ramps Up Across Major Firms
Ethereum ETFs also saw strong accumulation, with total daily inflows reaching 25,934 ETH, worth $66.52 million. BlackRock’s Ethereum ETF collected 18,162 ETH in a single day and now manages 1,308,054 ETH.
Other vehicles mirrored that trend. Fidelity’s Ethereum Fund gained 7,992 ETH daily, while Grayscale’s Mini Trust added over 6,000 ETH this week. These movements reflect a broader strategic pivot toward Ethereum amid speculation of a shift in ETH/BTC momentum.
Spot Buying by Corporates Adds to Upward Pressure
Outside ETFs, listed firms are also stepping up direct crypto acquisitions. In the past week, MetaPlanet confirmed another significant Bitcoin buy to increase reserves. MicroStrategy, the top corporate BTC holder, remains active in accumulating new positions.
Ethereum also saw targeted accumulation from institutional players. Digital asset firm Abraxas has added to its ETH holdings, signaling strategic confidence as ETH/BTC trends attempt a reversal. These additions came alongside ETH’s recent rise, with bulls watching key resistance levels.
BTC and ETH Surge as Technicals Align with Fund Activity
Bitcoin touched an all-time high of $110,941, backed by deep liquidity and large green volume bars. Trading volumes surpassed $3.1 billion, while whale-sized limit orders stacked the order book. According to Lookonchain, a single address opened a $99.67 million long at 40x leverage.
ETH’s pairing with BTC also bounced from historical lows, now pushing above 0.03—a level some analysts call critical. According to Donny, if ETH/BTC clears 0.062, altcoins will follow with aggressive upside. He stated this breakout zone mirrors previous cycle bottoms seen in 2017 and 2020.
Analysts See ETH/BTC as Trigger for Altcoin Rotation
Crypto analysts are tracking the ETH/BTC pair closely. With the Ethereum supply on exchanges falling below 4.9%, the lowest in over a decade, analysts see capital rotation accelerating.
Bitcoin’s exchange supply also dipped to 7.1%, the lowest since 2018, removing nearly 1.7 million BTC in five years. Such shifts suggest sustained institutional accumulation, and many see ETH gaining strength against BTC as the altcoin season nears.
The post ETF Inflows of $411M Push Bitcoin Beyond $110K—Institutional and Whale Buying Fuels Crypto Surge appears on Coin Futura. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
