Editor's PiCK
"Bitcoin, Ethereum ETFs log biggest weekly inflows in three months…a sign of renewed institutional demand"
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Summary
- U.S.-listed spot Bitcoin ETFs and spot Ethereum ETFs recorded their largest weekly net inflows in three months.
- Experts said the inflows reflect net buying by medium- to long-term institutional capital, rather than cash-and-carry arbitrage.
- The outlet said the correlation between ETF inflows and rising prices suggests institutional capital is driving market structure and building positions ahead of regulatory changes.
U.S.-listed spot exchange-traded funds (ETFs) for Bitcoin (BTC) and Ethereum (ETH) posted their largest weekly net inflows in three months. The moves are being seen as a sign that institutional money with a medium- to long-term horizon—rather than short-term arbitrage—is flowing back into the market.
According to crypto-focused media outlet CoinDesk on the 19th, the 11 U.S.-listed spot Bitcoin ETFs saw total net inflows of $1.42 billion last week, the largest since the second week of October last year. BlackRock’s Bitcoin ETF led the trend, drawing $1.03 billion.
Spot Ethereum ETFs also strengthened in tandem. Over the same period, Ethereum ETFs recorded $479 million in net inflows, the largest weekly intake since early October. BlackRock’s Ethereum ETF took in $219 million.
On a cumulative basis since the start of the year, Bitcoin ETFs have logged $1.21 billion in net inflows, while Ethereum ETFs have recorded $584.9 million.
Markets are focusing on the nature of these inflows. Experts say a substantial portion reflects outright buying positions betting on price appreciation, differing from the “cash-and-carry” arbitrage that previously targeted yield spreads. As the profitability of strategies pairing ETF purchases with short positions in CME futures has waned, analysis suggests longer-horizon institutional capital is returning.
Price action is also reflecting the shift. So far this month, Bitcoin has risen about 6% to trade around $93,000, while Ethereum is up about 8%, reclaiming the $3,200 level.
The outlet said, “The correlation between ETF inflows and price moves suggests institutional capital is driving market structure,” adding that this contrasts with periods when prices were weak despite ETF interest late in 2025. It added, “Institutions appear to be building positions preemptively ahead of expected regulatory changes and macro variables in the first quarter of this year.”
