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Bitcoin ETF inflows reach $912 million

Bitcoin ETF inflows reach $912 million

GrafaGrafa2025/04/24 03:50
By:Mahathir Bayena

Bitcoin (CRYPTO:BTC) exchange-traded funds (ETFs) saw inflows totaling $912 million on April 22, a figure that is more than 500 times the 2025 daily average, according to data from onchain analytics firm Glassnode.

The average daily inflow for 2025 has been approximately 23 BTC, equivalent to around $2.1 million.

Glassnode described the April 22 inflows as the largest since November 11, 2024, highlighting a notable resurgence in demand for Bitcoin ETFs.

This surge coincided with Bitcoin reaching its highest levels since early March, suggesting a correlation between price movements and ETF activity.

Since the launch of US spot Bitcoin ETFs in January 2024, the average daily inflow has been about 1,031 BTC.

The $912 million inflow on April 22 represents roughly 11.5 times this average, marking a significant deviation from typical patterns.

“The spot bitcoin ETFs went Pac-Man mode yesterday,” commented Bloomberg ETF analyst Eric Balchunas on the event, indicating widespread inflows across most of the eleven ETFs available.

Unlike usual trends where the largest product, BlackRock’s iShares Bitcoin Trust (IBIT), dominates investment inflows, this event saw a broader distribution of inflows across multiple ETFs.

Andre Dragosch, European head of research at Bitwise, noted that Bitcoin ETFs have become “the marginal buyer” of Bitcoin since January 2024.

“They can actually determine whether you see negative or positive net buying volumes on BTC spot exchanges,” he added.

The data and expert commentary suggest that Bitcoin ETFs are increasingly influential in shaping market demand and price dynamics.

At the time of reporting, the Bitcoin (BTC) price was $93,469.38.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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