- Bitcoin ETFs recorded $785.6 million in inflows this week, reversing prior investor withdrawals and signaling renewed market optimism.
- BlackRock’s IBIT led with $535.5 million in Bitcoin inflows, collecting 6,342 BTC and remaining the top ETF performer during the week.
- Ethereum ETFs struggled, posting $102.9 million in net outflows while Bitcoin continued to gain investor attention.
According to Spotonchain data, Bitcoin ETFs experienced a significant increase in weekly inflows, totaling $785.6 million. This sharp turnaround followed a recent phase in which investors had withdrawn funds. The surge began on Monday and continued through March 21, with daily inflows reflecting rising investor interest.
🇺🇸 Spot ETF: 🟢$744.3M to $BTC and 🔴$102.9M to $ETH
🗓 Week: 17 to 21 Mar 2025👉 BTC ETFs have recorded 6 consecutive net inflows, totaling $785.6M.
👉 ETH ETFs have seen 13 consecutive net outflows (2.5 weeks), totaling -$389.2M.
Follow @spotonchain and check out the latest… pic.twitter.com/buCPOmXVQs
— Spot On Chain (@spotonchain) March 22, 2025
The spot Bitcoin ETF BlackRock’s iShares Bitcoin Trust (IBIT) maintained its position as the top choice among investors during this period. The Bitcoin pool of 6,342.47 BTC reached a value of $535.5 million throughout the week. It received 1,250 bitcoins worth $105.5 million on Friday as it was the sole ETF to see positive inflows during that day.
Friday Data Shows Mixed Results Among Leading ETFs
While IBIT gained 1,250 BTC, Grayscale’s GBTC saw an outflow of 260.15 BTC on the same day. Cumulative flows on Friday reached 987.12 BTC, indicating a net positive despite GBTC’s decline. According to Coinglass data, IBIT stood alone in attracting investor funds on Friday.
Besides BlackRock, other providers including Fidelity and VanEck also recorded daily inflows. On March 20, Fidelity’s FBTC added 105.98 BTC, and VanEck’s HODL gained 137.08 BTC. However, BlackRock maintained the lead in volume across the week, reflecting stronger investor alignment.
Ethereum ETFs See Strong Outflows Amid Bitcoin Gains
Contrasting the Bitcoin trend, Ethereum ETFs reported negative flows. The total net outflow for Ethereum ETFs reached $102.9 million, with total outflows at $389.2 million. This divergence highlights the shifting focus toward Bitcoin investments during the same period.
Blockchain tracker Whale Alert monitored a single BTC movement of 2,999 that amounted to $252.5 million. Two unidentified pockets hold the transferred funds between them. Major crypto investors reacted with diverse opinions to this substantial transaction because the community continues to speculate about big transfers.
Bitcoin stands at $84,230 when reporting this information. Spot ETFs and major wallet data show ongoing growth in investor confidence through continuous entry of funds. Recent market sentiment signals positive changes due to different trends when compared to Ethereum ETFs which are decreasing in value.