Author: André Beganski, Decrypt; Compiled by: Whitewater, Golden Finance
On Monday, Bitcoin and Ethereum ETFs saw a combined inflow of US$1.1 billion, forming after spot funds saw an inflow of US$320 million at the beginning of the year. Positive momentum.
Despite losses at the start of the year, spot Bitcoin and Ethereum ETFs posted two consecutive days of positive inflows, taking them to attract a combined $1.75 billion in 2025, according to CoinGlass data.
Investors poured $38 billion into the products last year after they debuted on Wall Street, a development that makes it easier for financial market participants to gain exposure to leading cryptocurrencies through traditional brokerage accounts in the United States.
Experts are hailing the launch of spot Bitcoin ETFs as a historic success, but nearly a year after their approval, the products are having their best days yet in 2025.
Daily inflows into spot Bitcoin ETFs exceeded $900 million just four times last year. On Friday and Monday, they drew $907 million and $978 million, respectively.
Bitwise senior investment strategist Juan Leon attributed the inflows to the impending return of President-elect Donald Trump. Leon told Decrypt that investors may allocate funds to spot cryptocurrency ETFs in anticipation of his pro-crypto bid for the White House in less than two weeks.
“There’s a lot of excitement about what can be achieved this term in terms of the regulatory agenda [for supporting cryptocurrencies],” he said. "We're seeing a lot of pro-cryptocurrency picks in Trump's cabinet, whether it's the SEC or the Treasury Department."
Over the past three trading days, inflows have been concentrated in Fidelity Wise Origin Bitcoin Fund (FBTC), which is a departure from the dominance of BlackRock's iShares Bitcoin Trust (IBIT), which hit new highs last year.
IBIT has attracted $110 million since the start of the trading year. Meanwhile, FBTC has attracted $763 million, with inflows of $370 million on Monday marking the third-highest single-day inflow on record.
Last year, IBIT withstood daily outflows just eight times as the product attracted nearly $37 billion during 2024. On Thursday, outflows of $332 million exceeded all negative outflow days last year combined.
As spot Bitcoin ETFs saw strong inflows on Monday, the asset climbed above $100,000 for the first time this year after hitting $108,000 in December. However, at the time of writing, the asset’s price had fallen 5% on Tuesday to just under$97,000.
For spot Ethereum ETFs, two days in a row of inflows is not that eye-popping. The category has so far attracted $110 million in 2025, following Friday's $77.5 million outflow.