Bitcoin and Ethereum Lead US Crypto Spot ETF Inflows to $1.7 Billion

Major US-based crypto spot ETFs have seen broad inflows across various assets. Last week, Bitcoin and Ethereum combined saw net inflows of around $1.75 billion. The iShares Bitcoin Trust (IBIT) led the pack with a whopping $938 million in inflows, exceeding the category's total net inflow.

Ethereum spot ETFs also attracted significant attention, with the iShares Ethereum Trust (ETHA) recording $567 million in inflows. This surge is consistent with data released by Wu Blockchain, indicating sustained institutional capital inflows through regulated investment vehicles.

The weekly ETF flow data serves as a key indicator for gauging market sentiment. The figures suggest that demand for digital asset exposure among institutions and traditional investors remains robust.