Investor interest in spot Bitcoin ETFs managed by major US financial institutions started the week on a strong note. Leading products from giants like BlackRock and Fidelity have drawn significant net inflows over the past three days, suggesting renewed appetite in institutional circles.
ETF inflows surge at top firms
On Monday alone, the largest ETFs, spearheaded by BlackRock’s iShares Bitcoin Trust, received a total of $532.21 million in net inflows. BlackRock led the pack with $335.49 million, while Fidelity’s Wise Origin Bitcoin Fund followed at $184.57 million. In comparison, Morgan Stanley’s Bitcoin ETF saw a more moderate $12.16 million. Other funds performed relatively flat.
Including activity from the end of last week, Friday saw net inflows of $629.73 million into these products. Over a span of just three days, demand consistently increased, pushing total net ETF inflows beyond $1.1 billion. This marks a sharp reversal from the previous three-day period, which had seen a collective outflow of $490.63 million as investors briefly pulled back from these markets.
BTC price rebounds above $80,000
Market optimism is also evident in Bitcoin’s price movements. Starting the week below $79,000, Bitcoin staged a swift recovery, quickly surpassing the $80,000 mark and approaching resistance at $81,500. Notably, the advance was marked by steady buying rather than dramatic spikes.
As of press time, Bitcoin was trading around $80,700. According to CryptoAppsy, the cryptocurrency maintained its strength despite periods of brief volatility throughout the day.
“The rapid recovery seen in ETFs over the last three days suggests that institutional investors are showing renewed confidence in the market,” analysts observed.
ETH ETFs attract record inflows
Investor enthusiasm isn’t limited to Bitcoin. Spot Ethereum ETFs also saw strong demand on the first day of the week, with net inflows totaling $61.29 million. This followed Friday’s even bigger figure of $101.18 million. Altogether, total flows into Ethereum funds have now crossed the critical $12 billion mark.
After the volatile swings and significant outflows seen at the end of April, this renewed inflow into both Bitcoin and Ethereum ETFs appears to have eased much of the recent market uncertainty.
Analysts note that improving macroeconomic conditions and sustained ETF demand are key indicators that the crypto market is regaining institutional trust.
The strong inflows and price stability have also caught the attention of international investors, who view the US fund industry’s moves as a reliable market signal.
Looking ahead, continued growth in Bitcoin and Ethereum ETFs could further solidify digital assets’ position within mainstream portfolios and attract more conservative institutional players.
