• Sport crypto funds have experienced a significant rise, driven by strong institutional interest and market performance.
  • The election of US President Donald Trump propelled Bitcoin ETFs to record inflows, particularly on the first day of trading following his victory.
  • Ethereum’s spot ETFs have begun to surge, with notable inflows in late November.
  • Despite a slower start, ETH’s price has broken out of Bitcoin’s trend to post 11% weekly gains.

Spot crypto funds have been a revelation. 

The institutional interest in these ETFs has been extraordinary, snatching impressive market shares and outpacing several big-name competitors from other industries. 

Following the election of US President Donald Trump, the already-hot asset class went to another level, recording a monthly record for spot Bitcoin ETF inflows.

As BTC flirts with the US $100k (AU $153k) price ceiling, the success of spot crypto funds may only just be getting started.

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Related: Crypto’s Wild Ride Awaits as Altcoin Funds Line Up at SEC’s Door, Says Bloomberg’s Balchunas

Bitcoin ETFs Top February Following Trump Election High

Bitcoin has had all the attention this month – and rightfully so.

The coin has been posting all-time highs for fun, and the psychological barrier of US $100k (AU $153k) is a value that many in the industry could only dream of a few years ago.

The optimism has been reflected in daily and monthly spot Bitcoin ETF volumes.

Throughout November, the US Bitcoin ETFs have attracted US $6.2b (AU $9.5b) worth of net flows, surpassing its previous peak in February of US $6b (AU $9.2b).

The single biggest day of trading occurred immediately following Trump’s election victory, with US $1.38b (AU $2.12b) pouring into spot Bitcoin ETFs. 

A whopping 72% – over US $1b (AU $1.53b) – of that inflow went to BlackRock’s IBIT.

eToro Market Analyst, Josh Gilbert, told Bloomberg that this trend is likely to continue.

We will continue to see inflows into ETFs, especially under a Trump administration where it’s slated to be easier for businesses and retirement funds to own this asset.

Josh Gilbert, Market Analyst at eToro

ETH Surges 11% as ETF Inflows Soar

Despite Bitcoin’s market dominance, the narrative is slowly starting to shift – especially in the spot ETF space.

Ethereum’s funds didn’t quite get off to the same manic start as Bitcoin’s, but that is beginning to change.

November was a key month for spot Ether funds, with the nine products recording all-time high inflows on several days.

The standout was last Friday, when the asset class raked in US $333m (AU $512m) in net flows – even outpacing Bitcoin for the day.

Given Eth’s relatively weaker performance (both in the crypto and spot ETF markets) in 2024, it makes sense that there’s a lot of room for growth as investors regain confidence in the DeFi sector.

Related: Aussie Trader Ponders 2025 Crypto Exit Strategy Amid Market Uncertainty

ETH’s popularity on the TradFi markets was reflected in its price action, with Ether gaining nearly 11% over the past week of trading. 

Ethereum (ETH), source: TradingView