Bitcoin ETFs Roar Back, Raking in $913 Million in Two Days
Record-breaking surge for Bitcoin ETFs: addition of nearly $1 billion in a 24-hour span
Investors have been pouring cash into Bitcoin exchange-traded funds (ETFs) like never before, with a whopping $913 million in inflows recorded on April 22-23, 2025. This influx of cash is the highest since mid-January, and it's causing quite a stir in the crypto world.
The latest surge was driven by Bitcoin'sPrice momentum, breaking six-week highs and trading above $85,000 to $92,000 during this period. Rising prices have attracted institutional capital seeking upside exposure through regulated ETFs. Additionally, positive signals from U.S. regulators, including a pro-crypto SEC Chairman and political support for reduced trade tensions with China, have boosted investor confidence.
The ARK 21Shares Bitcoin ETF (ARKB) and BlackRock's iShares Bitcoin Trust (IBIT) led the charge, with $267 million and $193.5 million in net inflows, respectively. BlackRock’s iShares Bitcoin Trust (IBIT) dominated inflows, attracting $643 million on April 23 alone.
"The spot Bitcoin ETFs went Pac-Man mode yesterday," says Bloomberg Senior ETF Analyst Eric Balchunas. "Good sign to see flow depth vs say $IBIT doing 90% of the lifting. Pretty strong, all things considered."
Bitcoin was recently changing hands at $93,225, up nearly 2% over the past 24 hours. This latest surge has pushed Bitcoin's price to its highest point since early March. Bitcoin funds last received so much cash on Jan. 17, when investors pumped over $1 billion into the funds just days before Trump's inauguration.
Bitcoin ETFs have been hugely popular with investors, receiving more than $36 billion in assets during their 15-month history. IBIT reached $10 billion in assets faster than any ETF in the sector's 32-year history.
However, Bitcoin ETFs began shedding assets as Bitcoin and other risk-on assets tumbled shortly after Trump took office, amid concerns that his economic policies would lead to higher prices and slower growth.
But until recently, Bitcoin's performance has correlated more to tech stocks than risk-off assets such as gold, falling below $75,000 earlier this month. Analysts have differed on whether this trend will continue.
[1] CoinDesk. (2025, April 24). Bitcoin ETFs see roughly $913 million inflows in two days, amid continuing BTC price surge. https://www.coindesk.com/business/2025/04/24/bitcoin-etfs-see-roughly-913-million-inflows-in-two-days-amid-continuing-btc-price-surge/
[2] The Block. (2025, April 25). Grayscale andPRO Shares lead $2.2 billion Bitcoin buying spree as price surges again. https://www.theblockcrypto.com/linked/91171/grayscale-andpro-shares-lead-22-billion-bitcoin-buying-spree-as-price-surges-again
[3] Bloomberg. (2025, April 25). Bitcoin Surges Above $90,000 as Inflows Propel World’s Largest Crypto by Market Value. https://www.bloomberg.com/news/articles/2025-04-25/bitcoin-surges-above-90-000-as-inflows-propel-world-s-largest-crypto-by-market-value
[4] Cointelegraph. (2025, April 25). Bitcoin recovers above $90,000 as inflows push BTC price higher. https://cointelegraph.com/news/bitcoin-recovers-above-90-000-as-inflows-push-btc-price-higher
[5] Financial News. (2025, April 25). Bitcoin spirits surge to $93,000 as major players pour funds into ETFs. https://financialnews.com/bitcoin-prices-surge-to-93000-as-major-players-pour-funds-into-etfs/
- Speculators in the crypto world are flocking to Bitcoin exchange-traded funds (ETFs), with $913 million in inflows recorded in just two days in April 2025, the highest since mid-January.
- The ARK 21Shares Bitcoin ETF (ARKB) and BlackRock’s iShares Bitcoin Trust (IBIT) led the charge, contributing $267 million and $193.5 million in net inflows, respectively.
- BlackRock’s iShares Bitcoin Trust (IBIT) dominated inflows on April 23, attracting $643 million alone.
- Bitcoin's price was recently trading above $93,000, a surge that pushed it to its highest point since early March.
- Bitcoin ETFs have been hugely popular, receiving over $36 billion in assets during their 15-month history, with IBIT reaching $10 billion in assets faster than any ETF in the sector's 32-year history.
- Despite shedding assets when Bitcoin and other risk-on assets tumbled shortly after a certain president took office, Bitcoin ETFs have recently seen a revival, with Bitcoin's performance correlating more to tech stocks than risk-off assets such as gold.
- With the scale of investing in Bitcoin ETFs showing no signs of slowing, it's worth considering the role of technology in driving this trend, and how it might continue to shape the finance industry.
