U.S. spot Bitcoin exchange-traded funds (ETFs) have experienced a remarkable resurgence, attracting a total of $753.7 million in inflows—marking the largest daily influx in three months. This notable event occurred as institutional investors shifted back to risk assets following a period of subdued market activity.
The leader in these inflows was Fidelity”s FBTC, which accounted for an impressive $351 million. Following closely were Bitwise”s BITB and BlackRock”s IBIT, with inflows of $159 million and $126 million, respectively. This surge in ETF investments suggests that institutional demand is regaining momentum after a quieter phase at the close of 2025, which was characterized by tax-related selling and a cautious approach to risk.
In addition to Bitcoin, U.S. spot ether ETFs also saw a revival, garnering $130 million in net inflows across five different products. This increase reflects a broader recovery within the cryptocurrency markets as both Bitcoin and ether registered significant price gains. Bitcoin rose by 3%, trading close to $94,600, while ether experienced a more substantial ascent, climbing over 6% to approximately $3,320.
The favorable macroeconomic environment has played a crucial role in this renewed interest. Recent data from the U.S. consumer price index indicates a continuing decline in inflation, bolstering expectations that the Federal Reserve might lower interest rates later this year. Such conditions have historically been advantageous for risk assets, including cryptocurrencies.
As Bitcoin continues to show strength alongside substantial ETF inflows, the combined $750 million influx represents a pivotal moment for the cryptocurrency market as it transitions into 2026. Both Bitcoin and ether are poised to benefit from this shift in investor sentiment, highlighting a potential long-term bullish trend in the crypto space.
