Bitcoin ETF volume drops to a 21-month low as Ether gains ground

US spot Bitcoin ETFs traded about $8.05 billion over five sessions through Friday. That’s the slimmest full week for these funds since October 2024.

Ether products, meanwhile, drew in fresh cash for a third straight week.

Bitcoin ETF volume hits a nine-month low

SoSoValue data shows that’s a 14% drop from $9.37 billion the previous week. April 2025 had lower weekly volume, but that stretch only ran four sessions. US markets were closed for Good Friday. Against full five-day weeks, this is the lowest turnover since the week ending October 11, 2024.

BTC spent most of the week trading around $64,000, well off the highs seen late last year. Activity slowed with little price movement for traders to work with.

Bitcoin funds saw net inflows of about $33.8 million for the week. That’s three weeks of inflows now, after a record eight-week run of outflows ended in early July. It was the weakest of the three weeks, coming after $75.7 million the week before and $197.4 million before that.

Underneath that headline number is a sharp reversal. By Wednesday, the funds had attracted about $499.1 million. Investors pulled $225.2 million on Thursday and another $240.1 million on Friday. That wiped out most of the week’s gains.

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