US spot crypto ETFs have once again witnessed a substantial rise in inflows, with total net flows reaching $681.10 million last week. This achievement represents a crucial time for cryptocurrency investments, as total AUM (assets under management) for these ETFs have climbed to a whopping $143.34 billion.
IBIT tops the market in trading inflows
IShares Bitcoin Trust (IBIT), owned by BlackRock, remains the market leader as it contributed the largest amount of ETF activity last week. It recorded a massive $3.3 billion in trading volume in the past seven days and currently holds $71.4 billion in assets under management (AUM).
Fidelity Wise Origin Bitcoin trust (FBTC) took the second position, which attracted $370.9 million in trading volume last week, with its AUM currently standing at $21.3 billion.
Third on the list is iShares Ethereum Trust (ETHA), powered by BlackRock, which is the only Ethereum ETF that made it to this list. IShares’ ETHA drew in $243.8 million in trading volume during the week. Currently, the fund manages $3.3 billion in assets under management.
Moving down, ProShares Bitcoin ETF (BITO) pulled in a trading volume of $243.0 million over the past seven days and currently holds $2.7 billion AUM.
Lastly, Grayscale Bitcoin Trust (GBTC) secured the fifth place as it posted $238.7 million in trading volume last week. The fund currently manages assets worth $20.4 billion.
New catalysts to drive crypto investments
Crypto ETF investment is set to continue to experience higher inflows, according to new market analysis from Bitwise analysts. As reported by the data released yesterday, an emerging group of high-net-worth investors will drive Bitcoin investment to a greater level.
The major catalysts for this drive include institutions, companies listed on stock exchanges, which move to invest in Bitcoin, and nations opting to invest in alternatives to Gold. At the same time, the crypto-friendly Trump administration is pushing for friendlier cryptocurrency regulations which are likely to spur greater industry growth.
The outcome is that institutional BTC investments will rise to around $120 billion by the end of this year and will further expand to over $300 billion by the end of next year, according to Bitwise.
Since the launch of spot Bitcoin ETFs in early 2024, the demography of Bitcoin investors has changed significantly. Retail investors are not the only ones accumulating assets on cryptocurrency exchanges, sophisticated asset management firms have also joined the game.
This month, the accumulative amount invested in various Bitcoin and Ethereum ETFs reached the highest level of $188 billion. This trend is set to continue as a new group of capitals that integrate traditional financial instruments with cryptocurrencies enter into the crypto market.
