Bitcoin Spot ETFs Record $936 Million Net Inflow, Ethereum ETFs Add $38.74 Million
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 23 2025
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Source: Benzinga
Bitcoin and Ethereum Spot ETFs Performance: Bitcoin spot ETFs experienced significant net inflows of $936 million, while Ethereum spot ETFs added $38.7 million, indicating strong investor interest in cryptocurrency funds. BlackRock's IBIT led the inflows for Bitcoin, while Fidelity's FETH was the top performer for Ethereum.
Market Sentiment and Institutional Interest: The consistent inflows into Bitcoin ETFs reflect robust investor confidence despite market fluctuations, while Ethereum ETFs showed steady demand with no outflows, suggesting positive market sentiment and growing institutional exposure to both cryptocurrencies.
Analyst Views on BITB
Wall Street analysts forecast BITB stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for BITB is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
