Bitcoin ETFs Add $381 Million in Biggest Day Since January
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In brief Bitcoin ETFs logged $381.4 million in net inflows Monday, the biggest single-day gain since January 30 Inflows were led by ARKB and FBTC. Analysts said Bitcoin is acting more like a macro asset as institutions return. Bitcoin exchange-traded funds (ETFs) just notched their strongest single-day performance in nearly three months, with institutional money pouring back into the space after weeks of muted flows. On Monday, Bitcoin ETFs collectively recorded $381.3 million in net inflows, their largest daily total since January 30, as per data from UK-based investment management firm Farside Investors. The inflows mark a notable shift after weeks of lukewarm demand, driven by macro uncertainty and tightening liquidity. Leading the pack was ARK 21Shares’ ARKB, which pulled in $116.13 million, while Fidelity’s FBTC followed closely with $87.61 million. Both funds now sit at $2.6 billion and $11.37 billion in total net inflows, respectively. Institutional appetite for Bitcoin bounces back The inflows signal a resurgence in institutional appetite for Bitcoin, following a mid-April lull where digital asset products posted just $6 million in net inflows for the week, with U.S. vehicles experiencing $71 million in outflows, as per the latest report from digital investment company Coinshares. The report noted that the U.S. alone recorded $71 million in outflows, while Switzerland, Germany, and Canada saw combined inflows of $75.4 million pointing to regional sentiment divergence. 📈 A minor US$6m inflows, sentiment remains mixed but showing signs of recovery Inflows into digital asset investment products were modest last week. @Bitcoin saw minor outflows of US$6m, @ethereum also saw outflows of US$26.7m, while @Ripple’s $XRP saw inflows of US$37.7m.… pic.twitter.com/DD86OwBZIQ — CoinShares (@CoinSharesCo) April 22, 2025 CoinShares’ Head of Research James Butterfill described the latest inflows as a sharp reversal from recent pessimism, noting that Bitcoin ETPs “recorded their largest single-day…
Filed under: News - @ April 23, 2025 12:18 am