Bitcoin ETFs on $3B ‘bender,’ notch first full inflow week in 5 weeks

From Cointelegraph

April 26, 2025 01:29 AM:

Spot Bitcoin ETFs in the US received over $3 billion in inflows this week, the first time in five weeks. On April 25, 11 spot Bitcoin ETFs had $380 million inflows, totaling $3.06 billion for the week. This surge turned April into a positive month despite previous volatility. Source: Satoshi Stacker.

The surge in inflows is attributed to ongoing financial uncertainty. Nine out of 18 trading days in April saw outflows, but recent inflows have turned the month positive with approximately $2.26 billion in net inflows. Strategy founder Michael Saylor predicts BlackRock’s iShare Bitcoin ETF will be the biggest in the world in ten years.

BlackRock’s iShare Bitcoin ETF won “Best New ETF” award and Crypto ETP of the year. Bitcoin’s price hovers around $95,000 with bullish institutional targets. ARK Invest raised its “bull case” price target for Bitcoin to $2.4 million by 2030, with “bear” and “base” cases at $500,000 and $1.2 million, respectively.

Read more at Cointelegraph: Bitcoin ETFs on $3B ‘bender,’ notch first full inflow week in 5 weeks