Crypto ETFs Soar: Nearly $1 Billion Poured Into Bitcoin Funds in a Single Day

A Record-Breaking Day for Crypto ETFs

On Jan. 3, 2025, spot bitcoin (BTC) and ether (ETH) exchange-traded funds (ETFs) posted significant gains, with investors pouring a staggering $966.89 million into these funds. Of this, $908.10 million—nearly $1 billion—flowed into bitcoin ETFs, while $58.79 million boosted ether ETFs.

Spot Bitcoin ETF Leaders

Friday’s trading session saw notable contributions to bitcoin ETFs, led by:

• Fidelity’s FBTC: $356.95 million
• BlackRock’s IBIT: $253.10 million
• Ark Invest and 21Shares’ ARKB: $222.63 million

Other contributors included:

• Bitwise’s BITB: $61.13 million
• Grayscale’s Bitcoin Mini Trust: $8.71 million
• Vaneck’s HODL Fund: $5.57 million

The day's $908.10 million inflows bring cumulative net inflows since Jan. 11, 2024, to $35.91 billion. Currently, spot bitcoin ETFs hold a combined $111.46 billion in BTC, representing 5.72% of bitcoin’s total market capitalization.

Spot Ether ETF Highlights

Ether-focused funds also had a positive week, with $58.79 million in inflows, primarily driven by:

• BlackRock’s ETHA: $33.88 million
• Fidelity’s FETH: $27.06 million
• Grayscale’s Ethereum Mini Trust: $5.09 million

Cumulative net inflows for ether ETFs, since July 23, 2024, now total $2.64 billion. These funds collectively hold $13.03 billion in ETH, accounting for 3% of ether’s total market capitalization.

Implications for the Crypto Market

The significant inflows reflect increasing institutional confidence in cryptocurrencies as an investment vehicle. The role of ETFs in offering accessible and regulated exposure to digital assets has bolstered their appeal among traditional investors.

Moreover, the growing market share of bitcoin and ether ETFs signifies their influence in stabilizing and shaping crypto markets. With funds like Fidelity’s FBTC and BlackRock’s IBIT leading the way, ETFs are poised to play a critical role in the continued maturation of the cryptocurrency space.