Home » $3.24 billion: Bitcoin ETFs record their second-best week ever

$3.24 billion: Bitcoin ETFs record their second-best week ever

by Patricia

On Friday, US spot Bitcoin ETFs ended their second-best week ever in terms of capital inflows. As BTC reaches record highs, ETFs are also breaking their ATHs.

Bitcoin ETFs end a largely positive week

On Sunday, the price of Bitcoin (BTC) reached a new all-time high, buoyed by a week of gains that saw it rise from $112,200 to $125,500.

Against this backdrop, US spot Bitcoin ETFs also performed very well, recording their strongest week since November 18-22, 2024 in terms of inflows.

As a result, the net asset value of these ETFs increased by $3.24 billion between Monday and Friday, representing the second-best week in their history:

Weekly inflows and outflows on US spot Bitcoin ETFs

Furthermore, since a week for ETFs runs from Monday to Friday, it should be noted that BTC’s new ATH is not yet included in these figures. As a result, this new record could accentuate this momentum today, depending on the behavior of institutional investors.

On a daily basis, these investment vehicles have currently recorded their sixth positive day, while Friday’s session saw capital inflows of $985 million, the highest since July 11, which totaled $1.03 billion in inflows.

Bitcoin ETFs are now back at an all-time high in terms of capitalization, at $164.5 billion.

In terms of volume, the past week ranks just behind the week of July 14-18, with $26 billion traded, making it the seventh-largest week since the launch of ETFs:

Volumes and value of assets under management of US spot Bitcoin ETFs

The picture is slightly more mixed for spot Ethereum ETFs. Although they are also flirting with their record capitalization, they have not broken it and currently have $30.57 billion in assets under management. Last week, they recorded $1.3 billion in inflows, the highest since the week of August 15.

Meanwhile, the price of BTC stands at $123,900 at the time of writing, up slightly by 0.34% over 24 hours.

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