April 28, 2025

Bitcoin Falls Below $94K as ETFs See Record $3B Weekly Inflow

2 min read

Bitcoin Tumbles Despite Sustained Demand for ETFs U.S. Bitcoin spot ETFs saw a strong $3.06 billion in net weekly inflows as of April 25, 2025 — the largest since November 2024. The capital inflow reflects growing institutional confidence in the face of market volatility. Bitcoin’s price dipped below $94,000 on Sunday, according to CoinGecko data, reflecting broader selling pressure throughout the crypto market. The aggregate assets under management of Bitcoin ETFs are now at $109.27 billion. The products account for approximately 5.8% of Bitcoin’s total market capitalization, according to analytics website SoSoValue . The bullish ETF trend suggests long-term investors continue to buy in, even as Bitcoin faces near-term price weakness. BlackRock Leads Weekly Inflows Investor sentiment for Bitcoin ETFs rebounded strongly after weeks of to-and-fro price action. Daily inflows touched as much as $379.99 million on April 25 to take the weekly tally over $3 billion. This is a complete reversal from early April when the market saw $713.30 million in net outflows. Leading the inflows was BlackRock’s iShares Bitcoin Trust (IBIT), which added $240.15 million in a single day. IBIT remains the behemoth in the Bitcoin ETF category with $56.03 billion in assets under management and $41.20 billion in net inflows since inception. Fidelity’s Wise Origin Bitcoin Fund (FBTC) was another high flier, recording $108.04 million in daily inflows and managing a total of $19.12 billion in assets. Other funds that saw large inflows included ARK 21Shares Bitcoin ETF (ARKB), which added $11.39 million, and Grayscale’s Bitcoin Trust (BTC), which attracted $19.87 million — even as Grayscale’s legacy GBTC fund continued to see outflows. Trading Volume Spikes as Investor Interest Increases Along with the strong inflows, Bitcoin ETF trading volume also jumped strongly. The total value traded was $18.76 billion for the week, more than double the $7.15 billion in the previous week. Bitcoin spot ETFs have received a cumulative $38.43 billion in net inflows since launch, a reflection of their growing footprint in the market. While Grayscale’s GBTC has seen $22.69 billion in outflows following its conversion from a trust structure, the broader ETF complex remains healthy, with a steady stream of new capital coming in. Despite Bitcoin’s price struggles, ETF demand suggests institutional investors are optimistic about the long-term outlook for the world’s largest cryptocurrency.

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Source: BTC Pulse

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