Skip to main content

US-Based Bitcoin ETFs Post Roughly $1B Inflows In Past Week: Report

The price of Bitcoin saw a rise in bullish momentum over the past week, as the initially improving situation in the Middle East served as a significant catalyst. This optimism seems to have spread across the digital asset market, as fresh capital also flowed into the US-based spot Bitcoin ETFs (exchange-traded funds).

According to the latest market data, the spot BTC exchange-traded products saw the addition of nearly $1 billion in value over the past trading week. This fresh capital influx reflects an uptick in investor sentiment and demand over the past few weeks.

US Bitcoin ETFs Register $664M Net Inflows

On Friday, April 17th, the US-based Bitcoin ETFs recorded a total net inflow of $663.9 million, reflecting a return of investor demand into the market in recent weeks. This single-day performance marked the fourth consecutive day of inflows for the crypto-linked investment products.

Data from SoSoValue shows that BlackRock’s iShares Bitcoin Trust (IBIT) led the day’s activity, with a total net inflow of $283 million on Friday. This was followed by the Fidelity Wise Origin Bitcoin Fund (FBTC), which posted a $163.42 million net inflow on the day.

The Ark 21Shares Bitcoin ETF (ARKB) also registered a significant $117.9 million total net inflow on Friday. The other issuers with positive net inflows on the day included Grayscale Bitcoin Trust (GBTC), Grayscale Bitcoin Mini Trust (BTC), VanEck Bitcoin Trust (HODL), and Invesco Galaxy Bitcoin ETF (BTCO).

Their performances brought the weekly record of spot Bitcoin ETFs to around $996.38 million in net inflows, with the other weekly gains coming on Tuesday ($411.5 million) and on Wednesday ($186 million). Meanwhile, the past week’s activity represents the second-straight week of capital inflows, with $786.31 million net influx in the previous week.

Bitcoin ETF

This upturn in capital inflows is reflective of the easing tensions in the Middle East, with what seems like a return of positive sentiment into the market. According to data highlighted by on-chain analyst Darkfost, the BTC exchange-traded fund trading volumes are on the rise and currently stand at $4.7 billion, inching closer to spot market volumes, totaling at around $6.2 billion.

However, Darkfost noted that the average cost basis of the BTC ETF is around $82,247, with holders still at a loss. “Since March, the trend has shifted notably in a positive direction for ETFs, with inflows largely dominating,” the crypto analyst added.

Bitcoin ETF

Bitcoin Price At A Glance

As of this writing, the price of BTC stands at around $75,664, reflecting an over 2% decline in the past 24 hours.

Bitcoin ETF



from Bitcoinist.com https://ift.tt/rxgvYQj
Labels:

Comments

Post a Comment

Popular posts from this blog

Bitcoin Goes Official: Texas Becomes 1st US State With BTC Reserve

Everything is big in Texas, many would say. Today, the state is looking past its current state of finances by adding Bitcoin to its coffers–and making things bigger in terms of its economic implications. Texas became the first US state to establish a crypto reserve . On March 7, 2025, legislators passed Senate Bill 21, which gives the green light to the state to direct public funds toward Bitcoin and other digital assets. The action has elicited both support and concern, with some viewing it as a prudent financial hedge and others warning of potential pitfalls. A Push For Bitcoin In The Lone Star State For months, Texas has been seeing increasing favor for the idea of a Bitcoin reserve. Senator Charles Schwertner introduced SB 778, a measure that proposes establishing a strategic stockpile. Including the top crypto asset into the state’s financial reserves was meant to help cushion inflation and economic uncertainty. Texas officials, especially Lieutenant Governor Dan Patrick, wh...
Post a Comment
Read more

Liczba milionerów kryptowalutowych wzrosła o 40%. Rynek przekracza 3,3 biliona dolarów

Rozwój rynku kryptowalut widać również bo liczbie osób, których portfel kryptowalutowy przekroczył milion dolarów. Według najnowszego raportu Henley & Partners, liczba inwestorów posiadających majątek przekraczający milion dolarów w cyfrowych aktywach wzrosła o 40% w ciągu ostatniego roku. Aktualnie na świecie jest już 241 700 milionerów, jeśli chodzi o waluty cyfrowe. Wzrost ten zbiegł się z historycznym momentem, gdyż w połowie 2025 roku kapitalizacja całego rynku kryptowalut przekroczyła 3,3 biliona dolarów . Bitcoin wciąż liderem wzrostów Największy udział w tworzeniu nowych fortun ma niezmiennie Bitcoin. Liczba posiadaczy portfeli BTC, których wartość przekracza milion dolarów, wzrosła aż o 70% rok do roku i wynosi dziś 145 100 . Jeszcze bardziej imponująco wygląda grupa tzw. Centymilionerów, czyli inwestorów posiadających ponad 100 milionów dolarów w Bitcoinie. Ich liczba wzrosła o 63% , osiągając poziom 254 osób. Co więcej, liczba miliarderów BTC podskoczyła do 17, notu...
Post a Comment
Read more

Slow And Steady Wins? Bitcoin To Hit $1M Via ‘Pump’ And ‘Consolidate’ Pattern: Expert

The bull cycle was deemed over when the price of Bitcoin tragically fell toward $75,000 earlier in March 2025. Having notched an all-time high of above $100,000, most investors feared that the premier cryptocurrency had already reached its top for the current cycle. Contrary to popular belief, the price of Bitcoin has since forged multiple new all-time highs, with the current record high at around $122,800. Interestingly, the now-popular market consensus is that it is only a matter of time before the BTC price reaches a seven-figure valuation. How Will Bitcoin Hit $1 Million In 10 Years? In a recent post on the X platform, Blockware Bitcoin analyst Mitchell Askew has joined a growing list of experts to put forward a $1 million projection for the premier cryptocurrency. According to the analyst, the price of BTC is expected to achieve this major milestone over the next 10 years. What’s interesting is that Askew expects the Bitcoin price to reach a $1 million valuation in the next ...
Post a Comment
Read more