Lin Chen, Deribit's Head of Business in Asia Pacific, posted on X last week stating that the buying sentiment for BTC ETFs remained strong. There was a total net inflow of $2.775 billion, with an increase of 28,606.26 BTC, leading to a successful breakthrough of the BTC price over $100,000 on Thursday. BlackRock continued to lead the purchases, absorbing 26,880.87 BTC for the week, accounting for 81.7% of the total increase. Conversely, Grayscale continued to reduce its holdings by 3,113.12 BTC, while other institutions maintained a net inflow status.
The ETH ETF was particularly strong last week, almost setting a record for the highest single-day net inflow on Thursday, with 111,567.04 ETH, totaling a weekly net inflow of $838 million and a net increase of 222,946.99 ETH. However, ETHE experienced a net outflow for five consecutive days (reaching 27,180.27 ETH), with BlackRock and Fidelity being the main accumulators, adding 152,711.02 ETH and 79,052.72 ETH, respectively. Additionally, the ETH/BTC exchange rate also successfully rebounded to nearly 0.04.