US crypto ETFs have registered massive net cash inflows of $655.9 million in the last seven days. That is according to the latest data shared by Phoenix Group today. During this period, spot Bitcoin ETFs registered bigger amounts of inflows worth $588.2 million. Spot Ethereum ETFs also recorded significant net inflows of $68 million over the same duration.
Collectively, US crypto ETFs currently manage $136.06 billion in assets under management (AUMs). While Bitcoin funds now control a whopping $124.5 billion in AUMs, Ethereum ETFs AUMs reach $11.5 billion as of today, January 31, 2025.
CRYPTOCURRENCY ETFs OVERVIEW (30D)
#iShares #FidelityWiseOrigin #ProShares #GrayscaleTotal Assets under management: $136.06B
Total Net Flow: + $655.90M#ETF #Bitcoin $BTC #Ethereum $ETH pic.twitter.com/Q1JW6IzxSI— PHOENIX – Crypto News & Analytics (@pnxgrp) January 31, 2025
Top ETFs with the highest inflows
The metrics also highlighted the top five crypto ETFs with the highest net inflows over the past seven days.
IShares Bitcoin ETF emerged as the leader with $2 billion in positive net inflows registered over the past week.
Fidelity’s Bitcoin Fund took the second position with inflows of $388.8 million while ProShares Bitcoin Fund came in third place with $208.3 million in positive new inflows.
The two other crypto ETFs on this list are Grayscale Bitcoin Fund and iShares Ethereum Fund which registered inflows of $169 million and $155.8 million respectively. IShares’ ETHA was the only Ethereum ETF that made it to this list, showing its dominance.
Crypto funds demand growing
The above metrics show that US crypto ETFs continue seeing impressive surges, eating a rising global share of the cryptocurrency markets. Today, Bitcoin and Ethereum ETFs control $136.06 billion in assets under management, equivalent to approximately 5.27% of the market capitalization of the two crypto assets.
Bitcoin ETFs have a higher share of ownership than their Ethereum counterparts. As mentioned above, Bitcoin funds currently manage $124.5 billion worth of BTC while Ether funds hold $11.5 billion worth of ETH.
This implies that Bitcoin funds own approximately 5.7% of the BTC’s market valuation while Ether funds hold 2.8% of ETH’s market valuation. This highlights how crypto ETFs’ market shares are rapidly growing in the digital asset world. In short, these figures suggest that crypto ETFs are becoming crucial components of the cryptocurrency market, propelled by huge institutional optimism.