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Bitcoin ETF inflows hit $442M as Bitcoin price nears $100K target

Bitcoin ETF inflows hit $442M as Bitcoin price nears $100K target

CoinjournalCoinjournal2025/04/26 02:22
By:Coinjournal
Bitcoin ETF inflows hit $442M as Bitcoin price nears $100K target image 0
  • BlackRock’s iShares Bitcoin Trust (IBIT) dominated the latest wave of inflows, securing $327.3 million.
  • 87.3% of Bitcoin’s supply is now profitable, up from 82.7% in March.
  • On-chain data suggests accumulation is rising amid retail FOMO signals.

Bitcoin exchange-traded funds (ETFs) in the United States attracted $442 million in net inflows on Thursday, marking the fifth straight day of gains.

Although the figure was smaller than the previous days’ numbers, the sustained momentum points to strengthening institutional confidence in Bitcoin amid volatile global economic conditions.

As Bitcoin holds firm at $94,000, investor optimism continues to rise, with renewed calls for a $100,000 target gaining traction across markets.

At the same time, on-chain data reveals a critical shift in Bitcoin’s profitability metrics, highlighting increased accumulation.

BlackRock’s IBIT leads Bitcoin ETF inflows with $327M

BlackRock’s iShares Bitcoin Trust (IBIT) dominated the latest wave of inflows, securing $327.3 million according to SoSoValue data .

Ark Invest and 21Shares’ ARKB followed with $97 million, while Bitwise’s BITB and Invesco’s BTCO gathered $10.2 million and $7.5 million, respectively.

Although Thursday’s inflow was lower compared to the $916.9 million and $936.4 million seen earlier in the week, the persistence of demand signals rising institutional interest.

Overall trading volumes across the 12 US-listed Bitcoin ETFs fell to $2 billion on Thursday, dropping from $4 billion the previous day.

Nevertheless, the broader trend shows an increasing appetite for crypto investment vehicles, particularly as macroeconomic tensions remain elevated.

Thursday’s ETF performance came alongside a positive session in US stock markets.

The Nasdaq climbed 2.7%, the S&P 500 rose 2%, and the Dow gained 1.2%, fuelled by signs of easing US-China trade tensions.

Bitcoin continued to demonstrate resilience in parallel with these broader moves, trading at $94,552 at press time, according to CoinMarketCap .

Ether also saw modest gains, edging up 0.43% to $1,778.

Bitcoin ETF inflows hit $442M as Bitcoin price nears $100K target image 1

Bitcoin accumulation rises as supply profitability surges

Data from Glassnode  shows that 87.3% of Bitcoin’s circulating supply is now in profit, up from 82.7% during the last time BTC neared $94,000 in March.

The increase reflects renewed buying activity during recent price pullbacks, suggesting that investors took advantage of market dips to strengthen their positions.

Historical patterns indicate that when over 90% of the Bitcoin supply remains profitable, market dynamics often enter a euphoric phase, which can trigger steep price rallies.

This behaviour aligns with past cycles, where profitability-driven sentiment contributed to major tops and local peaks.

Meanwhile, spot Ether ETFs also showed recovery signs, registering $63.5 million in net inflows on Thursday after $23.9 million in outflows the previous day, according to the latest available data.

This uptick mirrors broader optimism across the crypto sector, driven by both market structure and macroeconomic catalysts.

FOMO among small investors hints at volatility risks

On-chain analytics firm Santiment observed a notable rise in fear of missing out (FOMO) among smaller Bitcoin holders as prices approached $94,000.

Historically, increased FOMO among retail traders often accompanies local market tops, adding a layer of caution to short-term projections.

Despite this risk, the longer-term outlook remains supported by fundamentals.

Santiment indicated that while Bitcoin may indeed touch $100,000 soon, significant milestones typically follow periods of cooling off rather than immediate hype-driven surges.

Supporting this view, Prince Filip Karađorđević of Serbia shared his bullish stance in a recent interview, suggesting an imminent “omega candle” breakout that could drive Bitcoin well beyond $100,000.

He argued that while market forces may currently suppress Bitcoin’s upward move, a breakout appears inevitable.

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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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