Bitcoin and Ethereum ETFs Surge Past $1B in Weekly Inflows

US-listed spot Bitcoin and Ethereum exchange-traded funds (ETFs) saw their strongest inflows since April, attracting over $1 billion in fresh cash.

The week's total was led by BlackRock's iShares Bitcoin Trust, which accounted for nearly 80% of the new money entering the spot Bitcoin funds with roughly $693 million.

The renewed demand came just days after a security flaw affecting Coldcard hardware wallets was disclosed, raising questions about the trade-off between self-custody and institutional custody.

Ethereum-focused ETFs also staged an even sharper improvement, collecting $244.94 million for their strongest week since April and extending their run of weekly inflows to five consecutive periods.