- Over $1.9 billion was invested in Bitcoin and Ethereum ETFs throughout Trump’s second-term debut.
- Ethereum ETFs present promise, however Bitcoin stays dominant amid market fluctuations and institutional curiosity.
Within the first week of Donald Trump’s second presidential time period, the U.S. witnessed a rare surge in funding exercise, with roughly $1.9 billion funneled into spot Bitcoin [BTC] and Ethereum [ETH] exchange-traded funds (ETFs).
This inflow displays the rising momentum behind the so-called “Trump Commerce” phenomenon, as traders rally across the administration’s pro-market stance.
Bitcoin ETFs break information
In response to SoSoValue data, BTC ETFs recorded $517.67 million in web inflows by the twenty fourth of January, contributing to $1.76 billion complete for the week—extending the $1.96 billion inflow noticed earlier than Trump’s inauguration.
The week closed strongly for Bitcoin ETFs, with Constancy’s FBTC main by securing $186.07 million in web inflows on the twenty fourth Jof anuary.
This pushed its cumulative inflows to $13.04 billion, elevating its web belongings to $22.5 billion. FBTC now stands because the second-best-performing Bitcoin fund.
ARK 21Shares’ ARKB adopted intently, attracting $168.71 million in web inflows, bringing its complete to $2.96 billion, with web belongings of $5.41 billion.
In the meantime, BlackRock’s IBIT dominated the BTC ETF panorama, amassing $155.69 million in inflows. This drove its cumulative inflows to $39.73 billion, securing $60.62 billion in web belongings.
Smaller contributions got here from the Grayscale Bitcoin Mini Belief, recording $13.01 million, and the WisdomTree Bitcoin Belief (BTCW), posting $2.79 million.
The one outlier was the Bitwise Bitcoin ETF, experiencing $8.6 million in outflows, contrasting the in any other case bullish sentiment.
Ethereum ETFs have been no exception
Ethereum ETFs experienced modest positive factors final week, with $9.18 million in web inflows, bringing the cumulative complete for the week to $139.32 million. This adopted a extra sturdy pre-inauguration week, which noticed $211.97 million in inflows.
Apparently, high performers like BlackRock and Constancy have been notably absent from the day’s outcomes, leaving room for smaller funds to take the highlight. Main the cost, Bitwise’s Ethereum ETF (ETHW) secured $6.01 million in inflows, boosting its cumulative complete to $351.69 million.
Different funds just like the Invesco Galaxy Ethereum ETF (QETH) and 21Shares Core Ethereum ETF (CETH) additionally noticed modest inflows of $1.99 million and $1.17 million, respectively.
This subdued efficiency has raised questions on ETH’s positioning in comparison with BTC, which seems to be drawing extra consideration from traders as a safer or extra promising guess.
Nonetheless, Ethereum ETFs have seen substantial institutional curiosity, attracting over $5 billion since November 2024.
With use instances in DeFi and tokenized belongings, Ethereum’s potential continues to supply various alternatives, positioning it for long-term development regardless of present market fluctuations.
As ETH ETFs proceed to achieve traction, they might exert strain on Bitcoin’s dominance, particularly as establishments discover Ethereum’s broader purposes.
Will the momentum proceed?
Nonetheless, the newest information from Farside Investors reveals that each Bitcoin and Ethereum ETFs faced outflows on the twenty seventh of January. Bitcoin noticed $456.7 million in exits, whereas Ethereum ETF shed $136.2 million.
This raises questions on whether or not the bullish pattern triggered by the Trump administration will probably be sustained or show short-lived.
Subsequently, the evolution of those ETFs stays unsure. Buyers will probably be intently watching to see if the current momentum continues or stalls.
