Bitcoin and Ethereum ETF Winning Streak Ongoing With $275M Combined Inflows

• Bitcoin ETFs command $66.11 billion in BTC or 4.89% of its market cap.
• Ethereum ETFs hold $7.35 in ETH, or 2.31% of its market cap.
• Last week, BTC ETF inflows totaled over $2.1 billion in inflows.

U.S. spot Bitcoin ( BTC ) and Ethereum ( ETH ) exchange-traded funds (ETFs) finished the week with a fifth day of solid inflows.

Bitcoin ETFs

As per SoSoValue data, Bitcoin ETFs ended last week, Oct. 18, with a sturdy  $273.71 million  in net inflows, bringing  that week’s total to over $2.1 billion. This marks the biggest five-day period of inflows since the week of March 15.

Taking a rare leading position, the ARK 21Shares Bitcoin ETF (ARKB) secured $109.86 million in net inflows, bringing its cumulative net inflows to $2.86 billion.

Close behind is the top-performing fund, BlackRock’s iShares Bitcoin Trust (IBIT), which pulled in $70.41 million in net inflows. IBIT’s cumulative net inflows now stand at $22.84 billion.

The Bitwise Bitcoin ETF (BITB) captured $35.96 million, increasing its cumulative net inflows to $2.3 billion. It is followed by VanEck’s Bitcoin ETF (HODL), which tallied $23.34 million to its portfolio.

Fidelity’s Wise Origin Bitcoin Fund (FBTC) netted a modest $18.03 million. FBTC is the second-best-performing BTC fund, with $10.3 billion in cumulative net inflows. Finally, Invesco’s Galaxy Bitcoin ETF (BTCO) bagged $16.11 million.

All other funds ran neutral, and a total of $2.23 billion was traded.

Ethereum ETFs

According to SoSoValue data, Ethereum ETFs ended the week on a modest high note, posting $1.91 million in net inflows on Oct. 18.

Only one fund saw any flow activity: the Bitwise Ethereum ETF (ETHW), which saw $1.91 million in net inflows. With $321.28 million in cumulative net inflows, ETHW is the third-best-performing ETH ETF among its competitors.

Other than that, all funds flowed neutral, and just $139.46 million was traded. Though the results for ETH ETFs are often underwhelming, funds are beginning to trend green a little more consistently.

Furthermore, the week ending Oct. 18 marks the third time that ETH ETFs have posted positive weekly inflows, which totaled a modest $78.89 million on Oct. 18.