Crypto Spot ETFs Attract $2B in Combined Net Inflows as Institutional Demand Expands Beyond BTC and ETH
Crypto spot ETFs continued to attract significant inflows, reaching $2.07 billion in combined net inflows for the second consecutive week.
This is a notable shift from the previous week, where Bitcoin and Ethereum spot ETFs accounted for nearly all inflows, but last week saw a broader distribution of capital across various assets.
The largest single destination for capital was still Bitcoin, with $924 million in net inflows, although this represents a 52% decrease from the prior week's $1.918 billion.
Ethereum spot ETFs attracted $824 million in net inflows, a significant increase of 18% over the previous week.
The inflows into Ethereum and Bitcoin were accompanied by increased institutional demand for other assets, with SOL, XRP, and HYPE spot ETFs seeing notable growth, up from a combined $72 million to $321 million in net inflows.