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2025-04-23 09:01:27

US Spot Bitcoin ETFs Notch Biggest Inflow Since January As BTC Price Touches $94,000

U.S. spot exchange-traded funds tracking the spot price of Bitcoin saw their strongest one-day performance since late January as the Bitcoin price rebounds above $94,000 amid heightened investor interest. Bitcoin ETFs Log Strong $381M Inflows This week kicked off on a positive note for Bitcoin ETFs as institutional investors poured money back into the market after weeks of muted flows. The group of 12 BTC ETFs pulled in a total of $381.3 million on April 21 — their largest daily tally since January 30. The lion’s share, $116.1 million, was funneled into the ARK 21Shares’ ARKB, as per data from Farside Investors. Fidelity’s FBTC followed closely with $87.6 million in inflows, while Bitwise’s BITB pulled in $45.1 million. Meanwhile, BlackRock’s iShares Bitcoin Trust (IBIT), the biggest spot BTC ETF by net assets, registered $41.6 million in inflows. Earlier this year, Bitcoin ETFs recorded their largest net inflows of 2025: $1.96 billion in the week ending Jan. 17 and $1.76 billion the following week. Bitcoin rocketed to a record high of nearly $109,000 on Jan. 20, the inauguration day of US President Donald Trump. Bitcoin later dropped into the $75,000 range amid the global market downturn. With the latest inflows — the strongest since January — the price rebounded to $94,224 at the time of writing, according to data from CoinGecko . The influx of capital comes after an extremely bearish period for both the crypto market and the broader global economy, marked by increasing concerns over escalating trade tensions and growing recession concerns. Traders were recently stunned by US President Trump’s criticism of Federal Reserve Chairman Jerome Powell. The president called out the US central bank boss and hinted that he was exploring ways to have him removed because he had been too slow to slash interest rates. Monday’s spike in ETF inflows signals a resurgence in institutional appetite for Bitcoin, following a mid-April lull where crypto products registered only $6 million in net inflows for the week, with U.S. products bleeding $71 million, according to the latest report from digital investment company CoinShares.

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