Markets

Ethereum and Bitcoin Spot ETFs Attract Over $1 Billion in One Day

U.S.-listed Ethereum and Bitcoin spot exchange-traded funds (ETFs) collectively drew more than $1 billion in net inflows on Monday, showing renewed investor confidence after recent crypto market volatility.

Ethereum ETFs led the charge, recording $547 million in inflows after five consecutive days of outflows. Fidelity’s FETH topped the list with $202 million, followed closely by BlackRock’s iShares Ethereum Trust (ETHA), which added $154 million.

Ethereum-focused ETFs now manage $27.5 billion in assets, roughly 5.4% of Ethereum’s circulating market capitalization.

Bitcoin ETFs also posted robust gains, with $522 million in net inflows. Fidelity’s FBTC led with $299 million, while ARK 21Shares Bitcoin ETF (ARKB) added $62 million. Most other Bitcoin ETFs saw modest inflows, though BlackRock’s iShares Bitcoin Trust (IBIT) experienced a small $46.6 million outflow.

In total, the 12 U.S.-listed Bitcoin spot ETFs hold $150 billion, representing about 6.6% of Bitcoin’s total market cap.

The strong ETF activity coincides with a broader crypto market rebound following a mid-September pullback. Bitcoin traded around $114,000, up 2.1% over 24 hours, while Ethereum rose 3% to $4,178, regaining the $4,000 level for the first time in several days.

Analysts see the renewed ETF inflows as a sign that institutional and retail investors are regaining confidence in spot crypto exposure, even amid ongoing market fluctuations.

Source
The Block

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