U.S. spot bitcoin and ether ETFs saw a combined $1.1 billion in inflows last week, the strongest week for either category since April, per The Block's analysis of SoSoValue data.
The spot bitcoin (BTC) ETFs took in about $853.5 million, their largest weekly total since the week ending April 17, which saw $996.4 million in inflows, per the data. Spot ether ETFs saw $244.9 million in inflows, likewise their best result since the very same week.
Last week, bitcoin ETFs recorded inflows in all five sessions, led by $244.4 million in inflows Wednesday and $211.5 million on Tuesday. Thursday and Friday saw $128.7 million and $98.9 million, respectively.
BlackRock's IBIT fund accounted for $693.7 million of the total BTC fund inflows, or more than 80% of the total. Fidelity's FBTC accounted for 13% of the total inflows, with $116.4 million, making the two largest bitcoin funds by assets under management the most significant gainers on the week.
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