Spot Bitcoin ETFs accounted for 67% of nearly $32 billion inflows in crypto ETFs in 2025

U.S. spot Bitcoin exchange-traded funds drew in nearly 67% of over $31.77 billion in inflows recorded by all crypto ETFs in 2025, with most of it flowing into BlackRock’s flagship BTC fund, IBIT.

According to data from Farside Investors, the 11 spot Bitcoin ETFs recorded a total of $21.4 billion in net inflows in 2025. BlackRock’s IBIT bagged the lion’s share of inflows, with $24.7 billion flowing into the fund.

While most other Bitcoin ETFs saw a marginal increase in net inflows, Grayscale’s GBTC fund dragged them back with $3.9 billion in outflows, marking a combined outflow of $3.1 billion for the year.

At press time, the combined flows of IBIT since launch stood at $62 billion, over five times that of Fidelity’s FBTC, its nearest competitor.

Q4 2025 came out as the only negative quarter in the year, with net outflows of $1.15 billion. For context, the second and third quarters were boonful, as they drew in $12.8 billion and $8.8 billion, respectively.

Despite leading the crypto ETFs in inflows, the BTC ETFs still fell significantly short of the $35.2 billion in net inflows seen in 2024.

Looking at their Ethereum counterparts, the nine Ether ETFs netted $9.6 billion from investors in 2025, marking a fourfold jump in inflows from 2024. It should, however, be noted that 2025 was the first full year these ETFs could be traded, owing to their launch after mid-2024.

Spot Solana ETFs, which are comparatively a much newer addition to the market, have recorded around $765 million in net inflows since their launch in late October last year.

Despite the strong performances by both Bitcoin and Ether ETFs for most of the year, data from Glassnode has presented a cautious outlook. Notably, demand for spot Bitcoin and Ether ETFs has significantly faltered in December, which signals a potential slow start for these crypto ETFs as they move into 2026.

Such an outlook seems increasingly likely, especially as Bitcoin and the crypto market in general have fallen sharply since mid-October. This downturn was fueled by a mix of macroeconomic and geopolitical factors that dampened investor sentiment, and the trend dragged on to the end of the year.

Bitcoin (BTC) price was trading at $87,719 at last check on Jan. 1, Asian time, down nearly 30.5% from its all-time high reached in October 2025.

The leading crypto asset has formed multiple bearish patterns on the daily chart that signal a potential continuation of its downtrend over the coming months.

These include a death cross formed when the 50-day SMA crosses below the 200-day one and a bearish flag, as reported by analysts at crypto.news earlier.

At press time, the formation of a symmetrical triangle pattern was also observed on the daily chart. The pattern is characterized by two converging trendlines shaping into a symmetrical triangle.

A breakdown from the lower trendline typically leads to further downside for an asset’s price. At press time, Bitcoin price was close to confirming a bearish breakout from the pattern.

For now, the key level that traders will be closely watching is the key psychological support formed at $86,000. A drop below that could trigger a move down to its November low of $82,175.