Bitcoin ETFs Pull In $1.7B As Crypto Market Cap Reclaims $4 Trillion

     

Spot Ether ETFs bounce back with $230M in inflows after last week’s sharp outflows

Spot Bitcoin ETFs attracted heavy demand this week, raking in more than $1.7 billion in inflows ahead of Friday’s close, according to SoSoValue data. Nearly $800 million poured in on Wednesday alone, marking the strongest weekly performance for the funds in nearly two months.

The surge in ETF activity coincided with Bitcoin climbing back above $115,000, up 4.5% from $110,000 last Friday. Analysts view the inflows as a sign of renewed investor confidence in digital assets.

Ether ETFs rebound as institutions accumulate

Spot Ether ETFs also saw a turnaround, recording $230 million in net inflows as of Thursday after bleeding nearly $800 million the previous week.

Corporate treasury holder BitMine continued its buying spree, adding more than 400,000 ETH this week across two large purchases. The company now holds over 2 million ETH – valued at $9.3 billion – making it one of the largest institutional Ether holders.

In total, nearly 12 million ETH, about 10% of the circulating supply, is now held by ETFs and reserve companies.

Crypto market rivals tech giant Nvidia

The broader crypto market cap rose back above $4.1 trillion, a milestone last seen earlier this summer.

Binance co-founder Changpeng Zhao drew attention to the figure, comparing the entire crypto industry’s value to Nvidia’s $4.3 trillion market capitalization.

“The combined market cap of all future money is less than one chip company’s market cap. You do the math,” Zhao posted on X.