Bitcoin ETFs Inflows Surge Amid Market Optimism

Bitcoin ETFs recorded $785.6 million in inflows this week, reversing prior investor withdrawals and signaling renewed market optimism.

BlackRock’s iShares Bitcoin Trust (IBIT) led with $535.5 million in Bitcoin inflows, collecting 6,342 BTC and remaining the top ETF performer during the week.

Ethereum ETFs struggled, posting $102.9 million in net outflows while Bitcoin continued to gain investor attention.

According to Spotonchain data, Bitcoin ETFs experienced a significant increase in weekly inflows, totaling $785.6 million. This sharp turnaround follows a recent phase of investor withdrawals. The surge began on Monday and continued through March 21, showcasing rising investor interest.

> 🇺🇸 Spot ETF: 🟢 $744.3M to $BTC and 🔴 $102.9M to $ETH
> 🗓 Week: 17 to 21 Mar 2025
>
> 👉 BTC ETFs have recorded 6 consecutive net inflows, totaling $785.6M.
> 👉 ETH ETFs have seen 13 consecutive net outflows (2.5 weeks), totaling -$389.2M.
> Follow @spotonchain for the latest.
>
> — Spot On Chain (@spotonchain) March 22, 2025

The spot Bitcoin ETF BlackRock’s iShares Bitcoin Trust (IBIT) maintained its position as the top choice among investors during this period. The Bitcoin pool of 6,342.47 BTC reached a value of $535.5 million throughout the week. It received 1,250 bitcoins worth $105.5 million on Friday, being the only ETF to see positive inflows that day.

Friday Data Shows Mixed Results Among Leading ETFs

While IBIT gained 1,250 BTC, Grayscale’s GBTC saw an outflow of 260.15 BTC on the same day. Cumulative flows on Friday reached 987.12 BTC, indicating a net positive despite GBTC’s decline. According to Coinglass data, IBIT stood alone in attracting investor funds on that day.

Besides BlackRock, other providers including Fidelity and VanEck also recorded daily inflows. On March 20, Fidelity’s FBTC added 105.98 BTC, and VanEck’s HODL gained 137.08 BTC. However, BlackRock maintained the lead in volume across the week, reflecting stronger investor alignment.

Ethereum ETFs See Strong Outflows Amid Bitcoin Gains

Contrasting the Bitcoin trend, Ethereum ETFs reported negative flows. The total net outflow for Ethereum ETFs reached $102.9 million, accumulating total outflows of $389.2 million. This divergence highlights the shifting focus toward Bitcoin investments during the same period.

Blockchain tracker Whale Alert monitored a single BTC movement of 2,999, amounting to $252.5 million. Two unidentified pockets hold the transferred funds. Major crypto investors reacted with diverse opinions to this substantial transaction as the community speculates about big transfers.

Bitcoin stands at $84,230 as this information is reported. Spot ETFs and major wallet data indicate ongoing growth in investor confidence through continuous entry of funds. Recent market sentiment signs positive changes due to contrasting trends compared to Ethereum ETFs, which are decreasing in value.