Institutional demand for crypto-linked investment products surged again on August 13, with Ethereum ETFs attracting $729 million in net inflows – the second-largest daily tally ever recorded for the asset.
Spot Bitcoin ETFs also joined the buying spree, recording $86.9 million in combined inflows, marking six consecutive sessions of net gains. While the Bitcoin figure was smaller in dollar terms, the steady accumulation signals that institutions remain confident in BTC’s role as a core crypto holding.
BlackRock and Fidelity Dominate Ethereum Flows
On the Ethereum side, BlackRock’s NASDAQ-listed ETHA ETF was the clear leader, pulling in $500.8 million in a single session. Fidelity’s FETH ranked second with $154.7 million, followed by Grayscale’s ETH trust at $51.3 million. Smaller but notable contributions came from Bitwise, Franklin, and VanEck, each logging inflows of between $3 million and $11 million.
Bitcoin ETFs: Ark Invest Outpaces Rivals
For Bitcoin ETFs, the largest single inflow came via Ark Invest’s ARKB at $36.58 million, with Fidelity’s FBTC close behind at $26.7 million. Grayscale’s spot BTC product added $11.42 million, while Invesco’s BTCO picked up $4.90 million.
Several other funds, including those from BlackRock, Valkyrie, and WisdomTree, saw no new flows but still traded at slight premiums.
ETF Momentum Signals Deepening Institutional Footprint
The latest inflow data underscores how ETFs have become a preferred vehicle for institutional crypto exposure. These products offer regulated access without the operational complexities of self-custody, opening the door for pension funds, asset managers, and corporate treasuries to scale their positions with greater ease.
Market analysts note that sustained demand of this magnitude could provide a solid price floor for both BTC and ETH heading into Q4, particularly if macroeconomic conditions remain favorable and additional ETF approvals arrive in other jurisdictions.
