Spot Bitcoin exchange-traded funds recorded their largest weekly net inflows in months, with nearly $1 billion entering these products over the past week. April 17 stood out as the busiest single day, contributing over $663 million in net new capital. BlackRock’s IBIT captured the biggest share of those flows, followed by Fidelity’s FBTC. Aside from one day of outflows, the week featured steady daily inflows, suggesting a pickup in investor activity after a quieter stretch.
Ethereum-focused ETFs also enjoyed strong demand, attracting more than $275 million for the week — the strongest weekly total for these funds since January. Fidelity’s FETH led the inflows for Ethereum ETFs, with BlackRock’s ETHA in second place and several smaller products adding incremental amounts to the overall increase.
XRP-linked ETFs saw notable interest as well, drawing in excess of $55 million and posting their largest weekly inflow in about three months. Other asset-specific funds, including those tracking Solana and a handful of altcoins, registered moderate inflows, indicating broader participation across multiple crypto ETF categories.
The uptick in ETF demand coincided with a brief improvement in market sentiment tied to reports of easing global tensions earlier in the week. That optimism was tempered later by mixed statements from U.S. and Iranian officials, which reintroduced uncertainty and helped drive volatility across risk assets, including cryptocurrencies. Bitcoin and other digital tokens continued to respond to these geopolitical developments, and investors remain attentive to both news flow and market data as ETF flows stay active.