- Bitcoin ETFs see a 10-day inflow streak, signaling growing institutional confidence in Bitcoin over Ethereum-based ETFs.
- Global digital asset investments rise by $644 million, with Bitcoin leading as institutional interest strengthens.
Bitcoin exchange-traded funds (ETFs) in the U.S. have shown sustained positive momentum, extending their inflow streak to 10 consecutive days. This marks the longest inflows since December, reflecting growing institutional confidence in the leading cryptocurrency.
While Bitcoin ETFs recorded gains, the performance of Ethereum-based ETFs diverged, pointing to a shift in investor sentiment toward Bitcoin.
On Thursday, U.S.-listed Bitcoin ETFs saw a net inflow of $89 million, with Fidelity’s FBTC leading the way, receiving a large $97.14 million. BlackRock’s IBIT was followed by a small inflow of approximately $4 million.
Despite the overall positive trend, other Bitcoin ETFs faced mixed outcomes. Notably, Invesco’s BTCO experienced an outflow of nearly $7 million, and WisdomTree’s BTCW saw a $5 million withdrawal.
The 10-day streak of inflows represents a continued rebound for Bitcoin ETFs, which collectively attracted $1.06 billion in the past two weeks. However, this figure remains below the single-day inflows recorded on January 17, 2025.
Meanwhile, the US Spot Ethereum ETF hasn’t seen any inflows for the past 17 days, with outflows totaling $402.6 million
pic.twitter.com/xBiwk6nTWg
— Coin Bureau (@coinbureau) March 28, 2025
Divergence in Investor Sentiment Between Bitcoin and Ethereum
While Bitcoin ETFs continue to see inflows, Ethereum ETFs are struggling. Since February 20, Ethereum-based ETFs have faced net outflows on all but two trading days. This stark contrast in investor behavior points to the growing confidence in Bitcoin compared to Ethereum, which has seen declining support from institutional investors.
Jung, an analyst following the trends, emphasized that this contrast in investor sentiment between Bitcoin and Ethereum signals a stronger belief in Bitcoin’s long-term value, further solidified by the current performance of Bitcoin ETFs. The data reveals that Bitcoin has captured institutional interest and outperformed Ethereum, making it the preferred choice for many investors.
The inflows into U.S. Bitcoin ETFs, as noted by ETHNews, mirror a broader trend in global digital asset investments. Last week, global digital asset products saw $644 million in inflows, breaking a five-week streak of outflows. This marked a 6.3% increase in assets under management, signaling a positive shift in the market.
The United States contributed the largest inflows, $632 million. However, international markets such as Switzerland, Germany, and Hong Kong also recorded positive inflows of $15.9 million, $13.9 million, and $1.2 million, respectively.
Market Outlook for Bitcoin and Ethereum
Despite the positive sentiment surrounding Bitcoin ETFs, the cryptocurrency’s price has faced some volatility. Currently, Bitcoin is trading at $85,163, reflecting a 2.08% decrease in the past 24 hours.
Similarly, Ethereum has experienced a drop of over 5%, trading at $1,895. The fluctuations in price, however, have not dampened investor confidence, as Bitcoin continues to dominate ETF inflows while Ethereum-based ETFs struggle to keep pace.
As the inflow streak continues, Bitcoin’s status as a top asset class remains solid. While market conditions can influence price movements, the consistent flow of capital into Bitcoin ETFs points to sustained institutional interest and long-term optimism for Bitcoin’s potential.