Bitcoin and Ethereum ETFs Record Biggest Inflows Since October 10 Crash

U.S. spot Bitcoin and Ethereum exchange-traded funds recorded their strongest combined inflows since the October 10 crash, according to data shared by Coin Bureau, as both major cryptocurrencies reached multi-month price highs.

Spot Bitcoin ETFs recorded $999 million in inflows, while Ethereum ETFs attracted $270 million. Coin Bureau said both figures represented 11-month highs, marking a sharp increase in capital flowing into the two cryptocurrency investment products.

Bitcoin ETFs See $999 Million in Inflows

The Bitcoin ETF inflow reached $999 million, according to the data cited by Coin Bureau. The figure represents the largest inflow for U.S. spot Bitcoin ETFs since the October 10 crash and an 11-month high.

The increase in ETF demand came as Bitcoin moved above $86,000. Coin Bureau identified the price level as an eight-month high for BTC, placing the ETF inflows alongside a notable move in the underlying cryptocurrency.

Spot Bitcoin ETFs provide investors with exposure to Bitcoin through regulated exchange-traded products without requiring direct ownership and custody of the cryptocurrency. The latest inflow figure indicates that the products recorded a substantial amount of net capital entering the market during the period covered by the data.

Ethereum ETFs Attract $270 Million

Ethereum ETFs also posted a significant increase in inflows, with $270 million recorded during the same period. Coin Bureau said the figure was an 11-month high for Ethereum ETFs.

The inflow occurred as Ethereum broke above $2,700, which Coin Bureau identified as an eight-month high for ETH. The simultaneous move in Ethereum’s price and ETF flows placed the asset’s investment products among the key contributors to the broader surge in crypto ETF inflows.

The $270 million figure is considerably smaller in absolute terms than the $999 million recorded by Bitcoin ETFs, but both products reached their respective 11-month highs at the same time.

ETF Flows Rise Alongside Crypto Prices

The latest figures put ETF flows and cryptocurrency prices at notable levels simultaneously. Bitcoin had climbed above $86,000, while Ethereum moved above $2,700, with both price levels described by Coin Bureau as eight-month highs.

Coin Bureau characterized the combined ETF activity as the biggest inflow since the October 10 crash. The data provides a snapshot of capital flows into U.S. spot Bitcoin and Ethereum ETFs at a time when both underlying assets were trading at their highest levels in months.

The figures do not establish whether the ETF inflows directly caused the price increases or whether the price gains contributed to stronger demand for the investment products. They instead show that the two developments occurred during the same period.

For now, the key figures are the $999 million flowing into spot Bitcoin ETFs and $270 million entering Ethereum ETFs, both reaching 11-month highs as BTC crossed $86,000 and ETH surpassed $2,700.

Writer: Victoria Hale
Technology & Blockchain Writer

Victoria Hale writes about blockchain technology, digital infrastructure, and the intersection of emerging technologies with finance. Her articles explore how new protocols and systems are shaping the evolving digital economy.

She prioritises clarity and accuracy when explaining technical developments to a general audience.