US spot crypto ETFs have once again witnessed a substantial rise in inflows

US spot crypto ETFs have once again witnessed a substantial rise in inflows, with total net flows reaching $681.10 million last week.

The US crypto scene saw a massive influx of capital last week, with spot Bitcoin ETFs alone reporting a total net flow of $681.10 million. This marks a crucial time for cryptocurrency investments, as total AUM (assets under management) for these ETFs have climbed to $143.34 billion.

Among the ETFs that displayed significant trading activity last week is iShares Bitcoin Trust (IBIT), owned by BlackRock (NYSE:BLK). It contributed the largest amount of ETF activity with $3.3 billion in trading volume over the past seven days. IBIT is currently managing assets worth $71.4 billion.

Following closely is Fidelity’s Wise Origin Bitcoin trust (FBTC) which attracted $370.9 million in trading volume and has $21.3 billion AUM.

The only Ethereum ETF to make it to this list is also powered by BlackRock, iShares Ethereum Trust (ETHA), which drew in $243.8 million in trading volume during the week. Currently, the fund manages $3.3 billion in assets.

ProShares Bitcoin ETF (BITO) pulled in a trading volume of $243.0 million over the past seven days and holds AUM of $2.7 billion.

Last but not least is Grayscale Bitcoin Trust (GBTC) which posted $238.7 million in trading volume last week and manages assets worth $20.4 billion.

This new data from Bitwise analysts shows that crypto ETF investment is set to experience even higher inflows.

As reported by the data released yesterday, an emerging group of high-net-worth investors will drive Bitcoin investment to a greater level.

The major catalysts for this drive include institutions, companies listed on stock exchanges (NYSE:PEP) (MCD) (WMT) which move to invest in Bitcoin, and nations opting to invest in alternatives to Gold. At the same time, the crypto-friendly Trump administration is pushing for friendlier cryptocurrency regulations which are likely to spur greater industry growth.

The outcome is that institutional BTC investments will rise to around $120 billion by the end of this year and will further expand to over $300 billion by the end of next year, according to Bitwise.

Since the launch of spot Bitcoin ETFs in early 2024, the demography of Bitcoin investors has changed significantly. Retail investors are not the only ones accumulating assets on cryptocurrency exchanges, sophisticated asset management firms have also joined the game.

This month, the accumulative amount invested in various Bitcoin and Ethereum ETFs reached the highest level of $188 billion. This trend is set to continue as a new group of capitals that integrate traditional financial instruments with cryptocurrencies enter into the crypto market.