The post Bitcoin ETFs See $2.9 Billion Inflows as Institutional Interest Intensifies appeared on BitcoinEthereumNews.com.

In a significant turn of events for the cryptocurrency market, the exchange-traded funds (ETFs) that are based on spot Bitcoin and listed in the United States saw their inflows last week surge significantly, netting an addition of 31,323 BTC—roughly valued at $2.9 billion. This uptick in inflow can now be recorded as the fifth-largest in terms of Bitcoin volume on an ETF. However, this surge in inflow was even more impressive when observed in dollar terms—this addition barely missed being the largest on record, following only the $3.33 billion from November 18, 2024, and the $2.91 billion from December 1, 2024. More and more institutions are now involved with Bitcoin ETFs, clearly demonstrating a renewed interest in this digital asset. Although the price of Bitcoin itself is quite high (surpassing $30,000 per coin), institutions appear ready to commit real money. To investors (big and small) still sitting on the Bitcoin sidelines, these developments might serve as a wake-up call. Last week, US spot #Bitcoin ETFs recorded a net inflow of 31,323 $BTC, equivalent to approximately $2.9 billion. In #BTC terms, it was the fifth-largest weekly inflow on record. pic.twitter.com/PbQ8rUTJQB — glassnode (@glassnode) April 28, 2025 A Resurgence in Institutional Interest The recent inflow of capital into Bitcoin ETFs demonstrates something entirely different from what we usually witness in Bitcoin market cycles. It reflects a dramatically renewed institutional confidence in the digital asset as a whole, pointing to an ever-increasing importance of Bitcoin in financial portfolios. The fact that this capital is entering the market at high price levels is a critical point, too: Typically, when institutions enter the Bitcoin market, it’s during corrections or periods of relative stagnation, waiting for lower entry points. Last week’s figures, then, suggest that Bitcoin is an institutional “buy” at current price levels. Bitcoin ETFs…

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Filed under: News - @ April 29, 2025 7:26 am