U.S. cryptocurrency spot ETF fund flows have recently rebounded significantly. On the eve of the Federal Reserve’s interest rate decision, investors’ willingness to allocate to digital assets has increased, leading to consecutive days of net inflows into Bitcoin and Ethereum spot ETFs. On the 17th, the U.S. Bitcoin spot ETF saw a single-day net inflow of approximately $199.4 million, marking the seventh consecutive trading day of inflows and the longest streak in nearly five months. On the same day, Ethereum spot ETF also recorded about $138.2 million in net inflows, continuing its sixth day of positive flow.
Looking at individual products, funds for Bitcoin spot ETFs still mainly flow toward major issuers. Data from Farside Investors shows that on the 17th, BlackRock’s IBIT attracted $169.3 million in a single day, while Fidelity’s FBTC received $24.4 million. Together, they accounted for most of the net inflows that day. Other funds like ARKB and HODL also experienced small net inflows.
Over the past seven trading days, Bitcoin spot ETFs have seen continuous net inflows since March 9, with daily inflows of $167.1 million, $246.9 million, $115.2 million, $53.8 million, $180.4 million, and $199.4 million, respectively. This indicates that institutional funds significantly replenished in mid-March. This wave of inflows, coupled with the strengthening of Bitcoin prices, suggests that after a period of capital volatility earlier in the year, ETFs have once again become an important buying source supporting the market. Although Ethereum spot ETFs are still smaller in scale compared to Bitcoin, recent capital momentum has also improved.
ETF Buying Rebounds, Becoming a Key Support for This Rally
The resurgence of ETF funds comes as Bitcoin is challenging the $75,000 mark again. Recently, the market has been influenced by the Federal Reserve’s cautious policy stance, as well as geopolitical tensions and energy price fluctuations, prompting investors to reassess their allocations between safe-haven and high-volatility assets.
From a market structure perspective, the continued inflow into spot ETFs not only indicates a renewed increase in traditional funds’ allocation to crypto assets but also reflects that market participants prefer gaining exposure to Bitcoin and Ethereum through regulated products rather than directly on-chain or on exchanges. These types of funds tend to be less volatile and held for longer periods, providing more sustained support to spot prices compared to short-term leveraged capital.