Bitcoin and Ethereum ETFs attract hundreds of millions again

The US spot Bitcoin ETFs continue to attract investors. On 15 July, a total of $108 million in new capital flowed in, according to data from SoSoValue. BlackRock takes the lion’s share, while the Ethereum ETFs also show significant inflows. All this takes place as the Bitcoin price fluctuates around $64.100, a slight decline of 0.7% in the past 24 hours.

Bitcoin is available at OKX and Bybit.

BlackRock dominates Bitcoin ETF inflows

Of the total net inflow of $108 million into the spot Bitcoin ETFs, a large portion comes from one player: BlackRock’s IBIT recorded an inflow of $80.82 million on a single day on 15 July. That is remarkably high, especially given that the market is not exactly euphoric at the moment. BlackRock now manages the largest spot Bitcoin ETF in the US by assets under management, and it strengthens that position day by day.

The remaining Bitcoin ETFs together make up the rest of the inflow, indicating that interest is not limited to BlackRock alone. Earlier this week, Bitcoin and Ethereum ETFs together already attracted $239 million, showing that demand remains structural.

Ethereum ETFs follow Bitcoin with strong inflows

Bitcoin is not the only one benefiting from the inflows. The spot Ethereum ETFs received $53.83 million in net inflows on the same day. Here too, BlackRock is the main driver: ETHA, the company’s Ethereum ETF, recorded $45.29 million in inflows. That is a substantial portion of the total, and it shows how dominant BlackRock has become in both the Bitcoin and Ethereum ETF segments.

The Ethereum price has had a turbulent time in recent weeks. Yet institutional investors are finding their way to Ethereum via the ETFs. The consistent inflows in both Bitcoin and Ethereum ETFs suggest that large players continue to position themselves for the long term, regardless of short-term market movements.