Bitcoin ETFs Draw $1.81 Billion Weekly as Investors Return to Crypto Markets

21Shares Files for ONDO ETF
21Shares Files for ONDO ETF

U.S. Bitcoin exchange-traded funds attracted $1.81 billion in net inflows during the week ending May 2, marking the third-largest weekly deposit since early 2025 as institutional investors demonstrate renewed confidence in digital assets.


What to Know:

  • Bitcoin ETFs recorded $1.81 billion in net inflows for the week ending May 2, their third-best performance of 2025, following $3.06 billion the previous week

  • BlackRock's IBIT dominated with $2.48 billion in deposits, capturing all new investments on Friday worth $674.91 million

  • The fund sector now manages $113.15 billion in assets, representing 5.87% of Bitcoin's total market capitalization


BlackRock's IBIT led the surge with $2.48 billion in net inflows, accounting for every dollar invested on Friday when the fund took in $674.91 million.

The renewed institutional interest coincides with Bitcoin's recovery from $84,000 two weeks ago to $97,000, although the cryptocurrency had retreated to $95,514 at the time of reporting.

ETF tracking platform SoSoValue recorded the weekly inflows as Bitcoin approaches the halfway point of Spring 2025. Grayscale's BTC, VanEck's HODL, and Invesco's BTCO each attracted investments ranging from $10 million to $41 million.

Other funds experienced withdrawals. Fidelity's BTCO posted the largest outflows at $201.90 million, while Grayscale's GBTC and Bitwise's BITB saw net redemptions between $30 million and $60 million. Franklin Templeton's EZBC, Wisdom Tree's BTCW, Hashdex's DEFI, and Valkyrie's BRRR reported no activity.

U.S. Bitcoin ETFs have accumulated $40.24 billion in total net inflows since inception, according to SoSoValue. The funds collectively manage $113.15 billion in assets, representing 5.87% of Bitcoin's total market capitalization.

Ethereum Funds Stage Parallel Recovery

Ethereum ETFs also benefited from returning investor confidence, recording $106.75 million in weekly inflows. BlackRock's ETHA captured the majority of new money in the Ethereum fund sector.

The Ethereum funds have attracted $2.51 billion in cumulative inflows, managing total assets of $6.40 billion, which represents 2.87% of Ethereum's market capitalization. Ethereum exchanged hands at $1,845 after declining 0.49% over the previous 24 hours.

The parallel recoveries in both Bitcoin and Ethereum funds reflect broader institutional acceptance of cryptocurrency investments, particularly through regulated ETF products.

Market Momentum Builds

This week's activity brings total inflows for Bitcoin ETFs to $40.24 billion since their launch. The sustained interest suggests institutional investors view recent price consolidation as an entry opportunity rather than cause for concern.

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Alexey Bondarev

Alexey Bondarev is the Head of Content at Yellow.com, having reported on crypto for the last 10 years. He specializes in in-depth Research and Learn pieces, with a focus on analytical reporting, industry context, and the bigger forces shaping crypto, from the AI era and security technologies to fintech innovation. He believes that everything digital will imminently overcome everything analogue and is working hard to make that come true.

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Bitcoin ETFs Draw $1.81 Billion Weekly as Investors Return to Crypto Markets | Yellow