{"id":24194,"date":"2025-04-28T16:31:52","date_gmt":"2025-04-28T16:31:52","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=24194"},"modified":"2025-04-28T16:31:52","modified_gmt":"2025-04-28T16:31:52","slug":"bitcoin-etfs-see-3-06b-weekly-inflows-second-highest-on-record","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=24194","title":{"rendered":"Bitcoin ETFs See $3.06B Weekly Inflows, Second-Highest on Record"},"content":{"rendered":"
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In what many see as a sign of Bitcoin\u2019s deepening foothold among institutional investors, spot BTC exchange-traded funds (ETFs) recorded a staggering $3.06 billion in net inflows last week.<\/p>\n

This dramatic surge, unfolding between April 21 and April 25, marks the second-largest weekly performance by the ETFs ever since they were approved by the U.S. Securities and Exchange Commission (SEC) in January 2024.<\/p>\n

Notable Net Inflows<\/h2>\n

The latest data<\/a> from SoSoValue paints a vivid picture of accelerating institutional commitment. Last week\u2019s net inflow of $3.06 billion stands second only to the record set in November 2024, when spot BTC ETFs<\/a> attracted $3.38 billion over a single week.<\/p>\n

Trailing behind are the $2.73 billion raised between November 29 and December 6, 2024, and the $2.57 billion recorded between March 8 and March 15, 2024.<\/p>\n

Net weekly inflows also breached the $2 billion mark on several other occasions, including $2.27 billion in the second week of February 2024, $2.24 billion in the first week of March 2024, and $2.22 billion in the first week of November 2024.<\/p>\n

Looking at the daily breakdowns of the latest inflows, April 22 and 23 contributed hugely to the history-making surge, registering daily total net inflows of $936.43 million and $916.91 million, respectively. Things did drop off somewhat toward the end of the week, with Thursday 24 seeing $442 million in inflows and Friday 25 hitting just shy of $380 million.<\/p>\n

So far, BlackRock\u2019s iShares Bitcoin Trust (IBIT) enjoys the highest cumulative net inflow of the BTC ETFs, with a total of $41.2 billion injected into it. The Fidelity Wise Origin Bitcoin Fund (FBTC) is a distant second, with about $11.86 billion in net inflows, while Grayscale\u2019s GBTC is in the red for $22.69 billion.<\/p>\n

ETFs, Corporations Stabilizing BTC Prices<\/h2>\n

The period in which the spot Bitcoin ETFs exploded also marked a surge past $94,000 for the cryptocurrency\u2019s price, a rally experts say is being fueled by wealth managers, corporate treasuries, and sovereign entities rather than retail speculation.<\/p>\n

As Bitwise CEO Hunter Horsley pointed out<\/a> on X, search interest for Bitcoin on Google remains near historic lows even as prices soar. \u201cThis hasn\u2019t been retail-driven,\u201d the executive explained.<\/p>\n

Previously, Bloomberg ETF expert Eric Balchunas expressed the same opinion, suggesting that corporations and exchange-traded funds were now the primary buyers of Bitcoin, a shift that is bringing greater stability<\/a> to the asset\u2019s price.<\/p>\n

After trading sluggishly for much of early April, BTC broke decisively higher starting April 19. It vaulted past key resistance levels, accelerating through $90,000 to hit a weekly high of $95,768 before settling near $94,700.<\/p>\n

Looking at Bitcoin\u2019s fundamentals, technical analysts are predicting a bullish run past the $100,000<\/a> level, with others anticipating an even bigger surge to $155,000<\/a> amid network growth and strong accumulation.<\/p>\n

The post Bitcoin ETFs See $3.06B Weekly Inflows, Second-Highest on Record<\/a> appeared first on CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

In what many see as a sign of Bitcoin\u2019s deepening foothold among institutional investors, spot BTC exchange-traded funds (ETFs) recorded a staggering $3.06 billion in net inflows last week. This dramatic surge, unfolding between April 21 and April 25, marks the second-largest weekly performance by the ETFs ever since they were approved by the U.S. […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-24194","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/24194","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=24194"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/24194\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=24194"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=24194"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=24194"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}