According to Farside Investors data, US investors put close to $32 billion into US crypto exchange-traded funds in 2025 even as markets lost steam late in the year.<\/p>\n
Spot Bitcoin ETFs drew the biggest share<\/a>, with $21.4 billion in net inflows. That is smaller than the $35 billion that poured into Bitcoin ETFs in 2024.<\/p>\n BlackRock\u2019s iShares Bitcoin Trust ETF, IBIT, accounted for most of the activity. Reports show IBIT took in about $24.7 billion. That makes its inflows roughly five times larger than the nearest rival, Fidelity\u2019s FBTC.<\/p>\n Market watchers noted IBIT ranked near the top among all ETF flows, placing behind only a few broad index funds and a big treasury bond fund.<\/p>\n If IBIT\u2019s number is removed, the wider spot Bitcoin ETF group actually finished the year with about $3 billion in combined outflows.<\/p>\n Grayscale\u2019s Bitcoin product lost nearly $4 billion on the year. Bitcoin\u2019s price<\/a> was lower than at the start of 2025; it began the year around $93,500.<\/p>\n Based on reports, interest in Ethereum ETFs was real, but the momentum looks uneven. BlackRock\u2019s iShares Ethereum Trust, ETHA, sits at nearly $12.6 billion in inflows. Fidelity\u2019s FETH follows at $2.6 billion, while Grayscale\u2019s Ethereum Mini Trust ETF holds about $1.5 billion.<\/p>\n Still, public on-chain data showed little renewed demand for spot Bitcoin and Ether ETFs in the last month of the year, suggesting flows may slow into 2026.<\/p>\nBlackrock Dominates Flows<\/h2>\n
Ethereum Interest Strong But Cooling<\/h2>\n