U.S. spot cryptocurrency exchange-traded funds recorded net inflows on Friday July 17, with Bitcoin ETFs attracting $132.3 million and Ethereum ETFs posting $36.7 million. The combined $169 million reflected continued investor allocation to regulated digital-asset vehicles. Institutional demand remained steady despite macroeconomic uncertainty and heightened regulatory scrutiny of digital assets.
BlackRock Leads Bitcoin ETF Inflows with $136.5 Million on Friday July 17
BlackRock's iShares Bitcoin Trust (IBIT) accounted for $136.5 million of Friday's Bitcoin ETF inflows. Fidelity's Wise Origin Bitcoin Fund (FBTC) recorded a $4.2 million outflow, while all other U.S. spot Bitcoin ETFs reported zero net creations or redemptions. Friday's total of $132.3 million exceeded Thursday's $79.1 million, when BlackRock added $33.4 million, Fidelity attracted $30.7 million and Bitwise's BITB brought in $15 million.
Since launching in January 2024, U.S. spot Bitcoin ETFs have accumulated $51.4 billion in cumulative net inflows. BlackRock accounts for approximately $60.5 billion of cumulative inflows, while Fidelity has gathered nearly $10 billion. Grayscale's Bitcoin Trust (GBTC) has experienced cumulative net outflows exceeding $27.3 billion.
Ethereum ETFs Record $36.7 Million Net Inflows After Thursday Reversal
Spot Ethereum ETFs posted $36.7 million in net inflows on Friday July 17 after Thursday's $28 million net outflow. BlackRock's iShares Ethereum Trust (ETHA) led with $31.7 million, while Fidelity's Ethereum Fund (FETH) added $5 million. No other Ethereum ETF reported material flows.
On Thursday July 16, Fidelity lost $11.2 million, Grayscale's ETHE shed $4.8 million and Grayscale's lower-fee ETH product recorded $14.3 million in outflows, partially offset by a $2.3 million inflow into Bitwise's ETHW.
Ethereum ETFs have accumulated cumulative net inflows exceeding $11.1 billion. BlackRock continues to lead with more than $11.3 billion of cumulative inflows, while Fidelity has attracted approximately $2.1 billion. Grayscale's ETHE has recorded cumulative outflows surpassing $5.3 billion.
FAQ
What were the total net inflows for U.S. spot crypto ETFs on Friday July 17?
U.S. spot cryptocurrency ETFs recorded combined net inflows of $169 million on Friday July 17, consisting of $132.3 million for Bitcoin ETFs and $36.7 million for Ethereum ETFs.
Which Bitcoin ETF had the largest inflow on Friday July 17?
BlackRock's iShares Bitcoin Trust (IBIT) led Bitcoin ETF inflows on Friday July 17 with $136.5 million, while Fidelity's FBTC recorded a $4.2 million outflow and all other Bitcoin ETFs reported zero net flows.
How much have U.S. spot Bitcoin ETFs accumulated in total inflows since launch?
U.S. spot Bitcoin ETFs have accumulated $51.4 billion in cumulative net inflows since launching in January 2024, with BlackRock accounting for approximately $60.5 billion and Fidelity gathering nearly $10 billion.
