- Bitcoin ETFs added 36,365 BTC in a week, with BlackRock leading inflows.
- Ethereum ETFs gained 122,435 ETH weekly, signaling rising institutional interest.
- ETH/BTC faces resistance at 0.02840 BTC; a breakout may signal trend reversal.
On April 29, 2025, institutional inflows into Bitcoin and Ethereum ETFs surged significantly across major asset managers. Meanwhile, ETH/BTC technical levels suggest a potential reversal, attracting renewed attention from traders and analysts.
Bitcoin ETFs Lead with Strong Institutional Demand
Bitcoin ETFs collectively hold 1,152,466 BTC, valued at approximately $109.48 billion. BlackRock’s iShares Bitcoin Trust leads the market, holding 598,936 BTC with a one-day net inflow of 10,249 BTC. Over the past week, it recorded the highest gain among peers, adding 25,271 BTC.
Fidelity’s Wise Origin Bitcoin Fund holds 199,903 BTC, losing 917 BTC in one day but gaining 4,321 BTC weekly. ARK 21Shares ETF saw a 2,389 BTC daily outflow but gained 3,071 BTC across seven days, now holding 50,335 BTC. Bitwise, Vaneck, Valkyrie, and Invesco ETFs all posted moderate weekly gains despite small daily outflows.
Ethereum ETF Growth Gains Momentum
Ethereum ETFs now hold 3,447,617 ETH, worth approximately $6.27 billion in total assets. BlackRock’s iShares Ethereum Trust leads with 1,252,768 ETH after a daily inflow of 37,537 ETH and a 7-day increase of 73,559 ETH. Grayscale’s Ethereum Trust follows with 1,148,547 ETH, despite a daily outflow of 236 ETH and a weekly loss of 20,438 ETH.
The expanding exposure reflects strategic positioning by asset managers aiming to capture altcoin market trends. Grayscale’s Ethereum Mini Trust gained 5,646 ETH in a day and 19,579 ETH over a week, now holding 475,965 ETH. Bitwise, Fidelity, and Invesco also posted consistent ETH gains in their portfolios.
ETH/BTC Technical Outlook Signals Pressure and Opportunity
The ETH/BTC trading pair remains in a multi-month downtrend, staying below the 0.02000 BTC support zone. Two resistance zones dominate the chart: 0.02840 BTC marked as the breakout line, and a secondary band between 0.03350–0.03480 BTC. These resistance points remain unbroken as of the last 12-hour candle on April 29.
Price action from January to April shows consecutive lower highs and lower lows with decreasing volume. According to analyst Michaël van de Poppe, Ethereum may be forming a bullish divergence against Bitcoin in this range. The RSI remains below 50, while volume trends reflect cautious accumulation.
The chart indicates a possible shift in trend should ETH/BTC break 0.02840 BTC with volume confirmation. No candle closures above this level have occurred over the past three months. Reclaiming this range could realign Ethereum with broader altcoin strength heading into Q2 2025.
