Wall Street Bets Big — $3.6B Pours Into Bitcoin, Ethereum ETFs Weekly
2025-07-12 07:18:58
Main Idea
Cryptocurrency ETFs, particularly Bitcoin and Ethereum, saw significant net inflows last week, with Bitcoin ETFs attracting over $2.5 billion and Ethereum ETFs over $900 million, driving prices to new highs.
Key Points
1. Bitcoin ETFs recorded over $2.5 billion in net inflows last week, with Thursday seeing the second-largest single-day inflow in their 18-month history.
2. BlackRock’s IBIT led Bitcoin ETF inflows, attracting $448.5 million on Thursday and $953.5 million on Friday.
3. Ethereum ETFs saw $908.1 million in net inflows for the week, with BlackRock’s ETHA dominating by gaining over $300 million on Thursday alone.
4. Bitcoin's price surged by over $10,000, reaching a new all-time high, while Ethereum rose to a multi-month high of $3,040, up 17% weekly.
5. Combined, Bitcoin and Ethereum ETFs attracted more than $3.6 billion in net inflows last week.
Description
The demand for cryptocurrency on Wall Street is more than evident, and the past week only proved that narrative. The ETFs tracking the performance of the two largest digital assets recorded a highly impressive five-day trading period, attracting billions of dollars in total. In the meantime, the prices of both skyrocketed to a multi-month and an all-time high. Bitcoin ETFs See Over $2.5B in Net Inflows Let’s begin with the most impressive numbers, which came in the last two trading days of the w...
Latest News
- Bitcoin’s Is Now Bigger Than Google and Silver: Amazon Targeted Next2025-07-12 14:05:43
- Trump Slaps 30% Tariffs on EU and Mexico: Will Bitcoin’s Price React?2025-07-12 13:11:09
- Exchange Inflows at Lowest Level in a Decade as BTC Hits New Highs: CryptoQuant2025-07-12 13:10:50
- Important Updates for All Pi Network Devs, Users, Investors: Details Inside2025-07-12 11:57:55
- XLM Skyrockets 70% in a Week, Hits $0.40 on Upgrade Buzz2025-07-12 11:09:37