Bitcoin ETFs on $3B ‘bender,’ notch first full inflow week in 5 weeks
26 Aprile 2025 - 7:29AM
Cointelegraph
Spot Bitcoin exchange-traded funds (ETF) in the United States
saw over $3 billion in inflows this week, marking the first full
week of consecutive inflows in five weeks.
On April 25, the 11 spot Bitcoin (BTC) ETFs saw $380
million in inflows, bringing the total for the week to around $3.06
billion over five consecutive inflow days,
according to Farside
data. The last time spot Bitcoin ETFs had a full week of inflow
days was the week ending March 21.
Strong inflow week turns April into positive month
ETF analyst Eric Balchunas said in an April 24 X
post that “ETFs are on a Bitcoin bender.”
“What’s really notable here is just HOW FAST the flows can go
from 1st gear to 5th gear,” Balchunas said, forecasting that some
of those flows may be due to the “basis trade back in effect.”
Source: Satoshi
Stacker
Amid ongoing financial and macroeconomic uncertainty, spot
Bitcoin ETFs have experienced a volatile April, with nine out of
the total 18 trading days so far being outflow days.
However, a strong surge of inflows over the past week has turned
the month positive, bringing total net inflows for April to
approximately $2.26 billion.
On the same day, Strategy founder Michael Saylor reportedly
said at the
Bitwise Invest Bitcoin Corporations Investor Day that BlackRock’s
iShare Bitcoin ETF “will be “the biggest ETF in the world in ten
years.”
Related:
5 Bitcoin charts predicting BTC price rally toward
$100K by May
Just two days prior, on April 23, BlackRock’s iShare
Bitcoin ETF
(IBIT) was awarded the “Best New ETF” at the annual etf.com ETF
awards. IBIT was also the recipient of Crypto ETP of the year.
Meanwhile, Bitcoin’s spot price continues to hover around the
$95,000 price level, currently trading at $94,613 at the time of
publication, according to CoinMarketCap
data. Institutions are continuing to raise their bullish price
targets.
Billion-dollar asset manager ARK
Invest recently raised its “bull case” Bitcoin price target
from $1.5 million to $2.4 million by the end of 2030, driven
largely by institutional investors and Bitcoin’s increasing
acceptance as “digital gold.”
ARK’s “bear” and “base” case scenarios for the price of
Bitcoin were also bumped up to $500,000 and $1.2 million.
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Continue reading Bitcoin ETFs on $3B ‘bender,’ notch
first full inflow week in 5 weeks
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Bitcoin ETFs on $3B ‘bender,’ notch first full
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