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2025-04-23 08:20:07

Bitcoin Price Rises Above $93,000, ETF Inflows Also See Significant Increases! Here Are the Details

Bitcoin spot exchange-traded funds (ETFs) saw a significant increase in investor confidence on Monday, recording a total net inflow of $936 million, marking the third consecutive day of positive inflows. Bitcoin Spot ETFs Record $936 Million Net Inflows on April 22 The surge comes at a time when broader institutional interest in crypto assets continues to grow, with market watchers noting a strong increase in activity at major funds. Ethereum spot ETFs also saw positive momentum with a combined net inflow of $38.74 million across all products. Notably, none of the nine Ethereum ETFs experienced net outflows, indicating steady investor appetite for the second-largest cryptocurrency by market cap. Analysts say the sustained inflows reflect growing institutional belief in crypto as a long-term asset class and increasing comfort with regulated investment vehicles following multiple approvals of spot crypto ETFs in global markets. The data highlights a growing mainstream adoption trend, particularly among asset managers and retail investors seeking exposure to crypto without the complexity of direct ownership. With Bitcoin trading near all-time highs and Ethereum showing resilience amid global macroeconomic uncertainty, ETF flows are being closely watched as a key barometer of market sentiment heading into Q2 2025. *This is not investment advice. Continue Reading: Bitcoin Price Rises Above $93,000, ETF Inflows Also See Significant Increases! Here Are the Details

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