Strong ETF Demand Drives $157 Million Bitcoin Purchases, $65 Million in Ethereum

by CryptoExpert

July 29, 2025

in Finance

CAKE Price Eyes $2.40 as Distribution Shows Demand Shift

Strategy Sells 1,690 Bitcoin and Raises $653 Million Through MSTR Shares

Bitcoin and the Upcoming Economic Catalysts

On July 28, U.S. spot Bitcoin ETFs saw net inflows of $157.1million, with Ethereum ETFs adding $65.2million, signalling strong ongoing demand for both assets. Leading the purchases, BlackRock’s spot Bitcoin ETF acquired 1,230 BTC worth $147.4million, bringing its total holdings to over 739,000 BTC and reinforcing its place as the world’s largest Bitcoin ETF. The new inflows come as institutional and retail investors continue allocating capital to crypto ETFs, despite recent market consolidation.

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