The digital asset investment landscape continues to demonstrate significant capital attraction, with U.S. spot Bitcoin exchange-traded funds (ETFs) registering over $1 billion in net inflows for the second consecutive week. Concurrently, spot Ethereum ETFs have extended their positive streak to six weeks, underscoring sustained institutional engagement within the evolving crypto ETF market, even amidst prevailing macroeconomic headwinds.
U.S. Spot Bitcoin ETF Performance
For the period spanning June 16 to June 20, 2025, U.S. spot Bitcoin ETFs collectively amassed a net inflow of $1.02 billion. BlackRock’s IBIT fund emerged as the predominant performer, attracting a substantial $1.23 billion. Other funds also contributed positively to the overall inflow, showcasing diversified participation:
| Fund | Net Flow (USD) |
| IBIT | $1,230,000,000 |
| BTC | $14,930,000 |
| BITB | $29,850,000 |
| DEFI | $1,170,000 |
Conversely, certain funds experienced net capital outflows during the same week, indicative of strategic reallocations or profit-taking activities among investors:
| Fund | Net Flow (USD) |
| ARKB | -$187,790,000 |
| GBTC | -$3,510,000 |
| FBTC | -$61,660,000 |
Broader Market Context and Future Outlook
This positive momentum in digital asset investment products occurred amidst a backdrop of broader market volatility. A notable correction across both traditional equity and cryptocurrency markets on June 22-23, 2025, was primarily influenced by an escalation of geopolitical tensions in the Middle East. This market adjustment is anticipated to influence the flow dynamics into digital asset ETFs in the subsequent week, potentially leading to increased outflows as investors react to global economic and political uncertainties.
U.S. Spot Ethereum ETF Trends
The U.S. spot Ethereum ETF sector also maintained a positive trajectory, recording a net inflow of $40.24 million for the week. This marks the sixth consecutive week of positive capital accumulation for these products. The primary contributors to this inflow included:
| Fund | Net Flow (USD) |
| ETHA | $48,190,000 |
| ETH | $10,590,000 |
| ETHW | $3,620,000 |
| ETHV | $1,770,000 |
However, not all Ethereum-based funds experienced positive flows; ETHE registered an outflow of $9.02 million, and FETH recorded an outflow of $14.91 million. While the sector continues to attract capital, the observed data suggests a moderation in the pace of liquidity inflow compared to earlier periods, indicating a more measured accumulation phase among investors.
Regional Disparities: Hong Kong Market
In contrast to the trends observed in the U.S. market, the Hong Kong spot cryptocurrency ETF market registered net outflows during the same period. Bitcoin-based funds in Hong Kong saw a net reduction of 222.78 BTC, while Ethereum-based funds experienced an outflow of 820.88 ETH. This divergence highlights significant regional differences in investor sentiment and the varying levels of maturity in digital asset adoption and regulatory frameworks across global financial centers.
Blockchain developer and writer, Daniel combines hands-on coding experience with accessible storytelling. He holds multiple blockchain certifications and authors technical explainers, protocol deep-dives, and developer tutorials to help readers navigate the intersection of code and finance.