On May 12, 2025, spot ETFs for Bitcoin and Ethereum exhibited opposing trends. Bitcoin funds attracted $5.10 million, continuing a positive momentum over four trading days. Meanwhile, Ethereum ETFs faced an outflow of funds amounting to $17.59 million.
This is reported by Finway
Details on Bitcoin ETFs
The U.S. spot Bitcoin ETF sector received $5.10 million. The largest contribution came from BlackRock’s IBIT product, which recorded an inflow of $69.41 million. At the same time, there were issues with capital outflow, specifically:
- GBTC — $32.93 million;
- BITB — $17.73 million;
- FBTC — $11.11 million;
- BTCO — $2.54 million.
In other ETFs, activity remained low. Over four trading days, the total inflow in the sector amounted to nearly $600 million, according to SoSoValue data.
Situation with Ethereum ETFs
The Ethereum ETF sector saw a resurgence of negative trends, with an outflow of $17.59 million recorded on May 12. Specifically, $9.61 million and $7.98 million were withdrawn from the ETHE and FETH products, respectively. It is important to note that over the past five days, only on May 11 was there an inflow of funds in this sector.
Additionally, Hong Kong’s spot ETFs for Bitcoin and Ethereum experienced inflows of 56.89 BTC and 614.16 ETH. BlackRock also submitted updated documentation to the U.S. Securities and Exchange Commission for its iShares Ethereum Trust fund, which allows for the redemption of assets not only in cash but also directly in Ethereum.