U.S. spot Bitcoin ETFs experienced their fourth consecutive week of net inflows, totaling $1.76 billion during the week of January 21-24, 2025. BlackRock's IBIT led the inflows with $1.32 billion. Other significant inflows included Fidelity's FBTC ($202.21 million) and Ark and 21Shares’ ARKB ($172.55 million). However, Grayscale’s GBTC and Bitwise’s BITB saw net outflows of $97.87 million and $18.54 million, respectively. This substantial inflow brought the total net assets of Bitcoin ETFs to $123.06 billion, representing 5.92% of Bitcoin's market capitalization. Ether ETFs also saw positive movement with a $139.32 million net inflow for the same week. BlackRock's ETHA received the majority of this inflow ($135.42 million), with contributions from Fidelity’s FETH ($19.63 million), Grayscale’s ETH ($15.55 million), and Bitwise’s ETHW ($6.07 million). Grayscale's ETHE experienced a $44.17 million outflow. The total net assets of Ether ETFs reached $12.21 billion, accounting for 3.04% of Ether's market cap.
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