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Reading: Bitcoin and Ethereum ETFs Add $1.1 Billion in a Day as Hot Streak Grows
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CoinRSS: Bitcoin, Ethereum, Crypto News and Price Data > Blog > News > Bitcoin and Ethereum ETFs Add $1.1 Billion in a Day as Hot Streak Grows
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Bitcoin and Ethereum ETFs Add $1.1 Billion in a Day as Hot Streak Grows

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Last updated: January 7, 2025 11:44 pm
CoinRSS Published January 7, 2025
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Bitcoin and Ethereum ETFs saw $1.1 billion in combined inflows Monday, establishing positive momentum after the spot funds began the year with a $320 million hiccup.

With a two-day streak of positive inflows, spot Bitcoin and Ethereum ETFs have now collectively attracted $1.75 billion in 2025, despite starting the trading year in the red, according to CoinGlass data.

Last year, investors poured $38 billion into the products following their Wall Street debut, a development that made it easier for financial market participants to get exposure to the leading cryptocurrencies through traditional brokerage accounts in the U.S.

Experts lauded the launch of spot Bitcoin ETFs’ as a historic success, but nearly a year after their approval, the products are notching some of their best days ever so far in 2025.

Daily inflows for spot Bitcoin ETFs eclipsed $900 million just four times last year. On Friday and Monday, they pulled in $907 million and $978 million, respectively.

Bitwise Senior Investment Strategist Juan Leon attributed the inflows to the impending return of President-elect Donald Trump. Leon told Decrypt that investors could be allocating to spot crypto ETFs in anticipation of his pro-crypto administration assuming the White House in less than two weeks.

“There’s a lot of excitement about what this administration can get done, in terms of the [pro-crypto] regulatory agenda,” he said. “We’ve seen quite a few cabinet picks from the Trump administration, whether it’s the SEC or Treasury, that are pro-crypto people.”

Over the past three trading days, inflows have been largely targeted at the Fidelity Wise Origin Bitcoin Fund (FBTC), representing a change of pace from the dominance of BlackRock’s iShares Bitcoin Trust (IBIT), which smashed record after record last year.

Since the trading year began, IBIT has pulled in $110 million. Meanwhile, FBTC has pulled in $763 million, with Monday’s inflows of $370 million representing its third-best day on record.

IBIT weathered daily outflows just eight times last year, as the product pulled in close to $37 billion over the course of 2024. On Thursday, $332 million in outflows outweighed the combined total of all of last year’s negative days.

As spot Bitcoin ETFs saw robust inflows Monday, the asset climbed above $100,000 for the first time this year after hitting $108,000 in December. On Tuesday, however, the asset’s price had dipped 5% to just under $97,000, as of this writing.

For spot Ethereum ETFs, a two-day streak of inflows has been less eye-popping. Following $77.5 million in outflows Friday, the class of products has pulled in $110 million in 2025, so far.

Edited by Andrew Hayward

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