- U.S. spot Bitcoin ETFs saw a massive $3.06 billion in inflows this week, marking their first full week of gains in over a month.
- Renewed institutional interest and bullish sentiment are driving Bitcoin’s momentum, with prices holding steady near $94,600.
After weeks of turbulent trading, U.S. spot Bitcoin Exchange-Traded Funds (ETFs) have stormed back in a major way, recording over $3 billion in inflows over the past week. According to data from Farside Investors, the 11-spot Bitcoin ETFs notched five consecutive days of positive inflows, marking the first full week of inflows in five weeks.
The momentum kicked off on April 25, with ETFs pulling in $380 million in a single day. Over the course of the week, total inflows reached a staggering $3.06 billion. ETF analyst Eric Balchunas commented on X (formerly Twitter) that Bitcoin ETFs are on a “bender,” noting how quickly investor sentiment shifted from cautious to aggressively bullish. Balchunas suggested that renewed interest in “basis trades” — strategies involving arbitrage between Bitcoin futures and spot prices — could be fueling the rally.
Also read: Dogecoin Price Prediction May 2025: Will DOGE Break $0.20 Amid Market Rally?
April had been a rocky month for Bitcoin ETFs, with nine of the first 18 trading days seeing outflows. However, this late surge has turned April positive, with net inflows now totaling around $2.26 billion.
Meanwhile, institutional interest continues to soar. BlackRock’s iShares Bitcoin ETF (IBIT), launched just months ago, was crowned “Best New ETF” at the annual ETF.com Awards on April 23. The same day, Michael Saylor of MicroStrategy boldly predicted that BlackRock’s IBIT could become “the largest ETF on the planet” within a decade.
Bitcoin’s spot price remains resilient amid broader market uncertainty, currently trading around $94,613 according to CoinMarketCap. Bullish price targets are also climbing, with ARK Invest recently raising its “bull case” Bitcoin target to $2.4 million by 2030, citing Bitcoin’s growing status as “digital gold.”
As traditional finance deepens its relationship with Bitcoin, all signs point to continued institutional momentum — and possibly even greater inflows ahead.
