Following the latest market reports, US-based spot Bitcoin and Ether ETFs (Exchange-Traded Funds) are now dominating daily trading volume and inflows. In the institutional trading rooms this is not just a trend, but a realignment of how traditional capital gets access to digital assets.
Spot Bitcoin ETFs Match Exchanges in Daily Volume
According to Julio Moreno, head of research at;
“Bitcoin spot trading volumes through US based ETFs have become a significant source of investor exposure to Bitcoin”.
He noted that on active days; US spot Bitcoin ETFs are generating between $5-10 billion in daily trading volume, sometimes more than most exchanges.
Despite this growth, Binance is still dominant in raw volume. Moreno said Binance still leads in spot volume for Bitcoin. A report says that the combined day’s volume across 11 US spot Bitcoin funds is around $2.77 billion, which is about 67% of Binance’s Bitcoin volume of $4.1 billion.
Binance processes around $22 billion across all pairs, so even as ETFs grow in influence Binance is still the center of the universe.
Also read: Q2 Sees $33.6B Institutional Surge Into Bitcoin ETFs

Ether ETFs: Institutional Demand is Accelerating
In contrast to Bitcoin’s ETF; growth in Ether ETFs are surging and on some days are even outpacing Bitcoin. Recent figures from sources show that Ether ETFs outpaced Bitcoin for 6 consecutive days, pulling in nearly $2.4 billion, compared to Bitcoin’s $827 million over the same period.
Adding to that momentum, global crypto ETPs saw $3.75 billion in inflows over the last week, with Ether ETPs accounting for $2.9 billion of that, implying that they are really dominating institutional allocation.
Beyond Trading Volume: Long Term Accumulation Trends
Beyond daily volume, institutional accumulation in ETFs is also changing market structure. One CryptoQuant analysis shows Bitcoin ETF holdings going from 629.9K BTC to over 1.054 million BTC, from 3.15% to 5.33% of mined supply, a 2.18% increase in 8 months.
Meanwhile spot Ether ETFs are having streaks too, one recent one was 15 days and brought in $837 million of new capital, that’s 25% of the $3.32 billion total inflows since launch.
Insights for Institutional ETF Crypto
For institutions, ETFs offer regulated, familiar channels. The growth in Ether funds means they are getting more comfortable with Ethereum’s market structure and asset class. For those tracking institutional interest, these ETFs will become leading indicators for sentiment and capital rotation.
However, CryptoQuant also shows a recent inflection in Bitcoin ETF flows. While accumulation was building in early 2025, recent weeks have seen drawdowns; with nearly $5 billion in withdrawals signaling a potential turn as macro pressures resurface.

Conclusion
Based on the latest research, U.S. spot Bitcoin and Ether ETFs are the drivers of market liquidity, price formation and institutional participation. Bitcoin ETFs now rival exchanges with $5-10 billion in daily volume, while Ether ETFs are leading inflow charts.
Accumulation data shows ETFs are dominating as they hold an increasing share of total supply. Macro risks may cause future flow reversals but the structural role of ETFs in institutional crypto seems to be set.
Also read: BlackRock Ethereum ETF Hits $10B AUM in Record Time, Outpacing Traditional Funds
Summary
U.S. spot Bitcoin and Ether ETFs are surging. Bitcoin ETFs now match exchanges with $5-10 billion in daily volume, Ether ETFs have outpaced Bitcoin inflows with $2.4 billion in 6 days. Accumulation trends show ETFs holding over 1 million BTC and Ether inflows on streaks.
Glossary
Institutional ETF crypto – Exchange-traded funds in cryptocurrencies for institutional investors, for Bitcoin and Ether spot products.
Spot ETF – A fund that holds the actual fundamental asset (e.g., Bitcoin or Ether) rather than derivatives.
Trading volume – Total value of assets bought or sold over a period of time.
Inflows – Capital into ETFs; a measure of demand and accumulation.
Accumulation – Total holdings of an ETF, often expressed as a percentage of the asset’s total supply.
FAQs for Bitcoin and Ether ETFs Taking Over
How big is Bitcoin ETF trading volume now?
On active days, combined U.S. spot Bitcoin ETF trading volume is $5-10 billion, sometimes bigger than many crypto exchanges.
Are Ether ETFs outperforming Bitcoin ETFs?
Yes. Ether ETFs just saw $2.4 billion in inflows in 6 days, while Bitcoin ETFs saw $827 million in the same period.
Do ETFs impact price discovery?
With big volume and sustained inflows, ETFs are now a part of liquidity and price formation.
Will macro factors reverse ETF inflows?
Recent Bitcoin ETF outflows of $5 billion from highs, show institutional flows are still sensitive to macro factors.