Bitcoin, Ethereum ETFs Grew $23 Billion Last Week—Only $2.6 Billion Was New Money
U.S. spot Bitcoin and Ethereum ETFs gained about $23.3 billion in total value last week, but only $2.6 billion came from new investor money; roughly $20.7 billion came from rising crypto prices. Bitcoin ETFs saw $1.92 billion in net inflows and Ethereum ETFs $697.2 million, the strongest combined weekly inflow since October 2025. Bitcoin ETF assets rose to $96.1 billion from $76.6 billion, while Ethereum ETF assets climbed to $14.3 billion from $10.5 billion. Bitcoin jumped from about $62,000 to above $79,000, and Ethereum moved from under $1,900 to above $2,500. The rally was driven by Treasury bond buybacks that weakened the dollar, political support for crypto regulation, and a sharp short squeeze that forced bearish traders to cover positions. BlackRock’s IBIT captured the largest share of Bitcoin ETF inflows. Despite the surge, Bitcoin and Ethereum ETFs remain negative year to date, though the combined deficit narrowed to $3.1 billion.
