Bitcoin ETF, Weekly inflow of 3 billion dollars...Ethereum ETF also turns to net inflow

As the Cryptocurrency market has recently rebounded, it has been found that more than $3 billion in funds have flowed into U.S.-based Bitcoin spot exchange-traded funds (ETF). On the 26th (local time), blockchain specialized media The Block reported that this week's inflow scale is the highest since November 2024 and is the second-highest level ever.

According to Sosovalue data, $240 million each flowed into BlackRock's IBIT and $108 million into Fidelity's FBTC. These two funds accounted for 92% of the total weekly fund inflow. Especially, IBIT holds 2.97% of the total Bitcoin supply, approaching the 3% mark. BlackRock's head of U.S. stock ETF division, Jay Jacobs, said in a CNBC interview that "in a situation where global uncertainty is increasing, assets like Gold and Bitcoin will continue to strengthen."

This influx appeared in conjunction with the rebound in Bitcoin prices from the April low of around $75,000 to recently around $95,000. However, Bitcoin has slightly decreased by about 1.2% in the last 24 hours.

Ethereum spot ETFs also succeeded in converting to net inflow this week. According to sosovalue.com, U.S.-based Ethereum spot ETFs recorded a net inflow of $157 million, breaking an 8-week consecutive net outflow trend. However, as Ethereum prices have generally declined this year, the total assets of related ETFs have shrunk to less than half compared to early in the year.

The largest Ethereum spot ETF operated by BlackRock, ETHA, holds only about 1% of the total Ethereum supply.

Although both Bitcoin and Ethereum have shown positive signals of fund inflow through ETFs, there is a continuous need to carefully monitor price volatility and changes in investor sentiment.