Bitcoin ETF Flows Are Set To Accelerate

By Matt Hougan | CIO, Bitwise Asset Management
October 14, 2025

At the start of the year, we predicted that bitcoin ETFs would pull in more money in 2025 than they did in their record-setting first year, when they attracted $36 billion.

Through the first nine months of the year, bitcoin ETFs have pulled in $22.5 billion, putting them on pace to end the year with about $30 billion in flows. That’s impressive, but shy of the 2024 high-water mark.

Here’s a hot take: I’m not worried.

From where I sit, the stars are aligned for very strong Q4 flows – more than enough to push us to a new record (and a new all-time high in bitcoin’s price).

Here are three reasons why.

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