On February 21, 2025, U.S. spot Bitcoin ETFs registered $88.04 million in net inflows, led by BlackRock’s iShares Bitcoin Trust (IBIT) with $64.46 million and Fidelity’s FBTC with $23.59 million. Combined AUM for Bitcoin ETFs reached $85.31 billion with a net asset ratio of 6.3% and cumulative inflows at $54.01 billion. Ethereum spot ETFs recorded $17,200 in net inflows, with BlackRock’s ETHA leading at $1.78 million and 21Shares’ TETH at $687,700, while Fidelity’s FETH posted a $2.45 million outflow. Ethereum ETF AUM stood at $11.14 billion with a net asset ratio of 4.68%, reflecting differing investor sentiment toward Bitcoin and Ethereum products.