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US Bitcoin ETFs clock biggest inflows since January as crypto markets gain

US Bitcoin ETFs clock biggest inflows since January as crypto markets gain

CointimeCointime2025/04/22 08:00
By:Cointime

US-based Bitcoin exchange-traded funds (ETFs) had their largest day of net inflows since late January, as crypto markets remained buoyant over the Easter weekend.

The 11 Bitcoin -tracking funds saw a joint net inflow  of $381.3 million on April 21, largely carried by a $116.1 million inflow into the ARK 21Shares Bitcoin ETF (ARKB), according to CoinGlass  data .

It's the largest inflow day for the ETFs since the funds had a $588.1 million joint net inflow on Jan. 30, days after Bitcoin hit a peak and was trading with a six-figure price tag.

US Bitcoin ETFs clock biggest inflows since January as crypto markets gain image 0

The ETFs have struggled to maintain inflows over the past few weeks amid US President Donald Trump’s  trade war threats . CoinGecko  shows  Bitcoin fell below $100,000 in early February and hit a 2025 low of $74,773 on April 7, days after Trump  placed tariffs  on every country, which also caused a stock market slump.

The Fidelity Wise Origin Bitcoin Fund (FBTC) saw the second-largest inflow for April 21, with $87.6 million, while the Grayscale Bitcoin Trust (GBTC) and the company’s Bitcoin Mini Trust ETF (BTC) saw joint net inflows of $69.1 million.

US Bitcoin ETFs clock biggest inflows since January as crypto markets gain image 1

BlackRock’s iShares Bitcoin Trust ETF (IBIT), the largest of the group by assets under management, saw net inflows reach $41.6 million, about half of the inflows it saw before the weekend trading break on April 17.

Crypto stays afloat over long weekend

US markets had shut down on April 18 in observance of Good Friday, and trading on Monday, April 21, saw them  close in the red , with the SP 500 down 2.4%, while the Nasdaq and the Dow Jones each dropped 2.5%.

The crypto markets, meanwhile, were able to hold onto gains made over the long weekend, with the total crypto market capitalization climbing by $800 billion over the three-day break to hold at $2.84 trillion.

Bitcoin has boosted that total, having climbed above a market value of $1.75 trillion for the first time since March 22 as its price  struck above $88,500 , a four-week high.

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