Key Insights: Bitcoin ETF inflows surged last week, reaching $996 million across U.S. spot funds, according to SoSoValue. The increase occurred on April 17, drivenKey Insights: Bitcoin ETF inflows surged last week, reaching $996 million across U.S. spot funds, according to SoSoValue. The increase occurred on April 17, driven

Spot Bitcoin ETFs Saw Strongest Inflows ~$1 Billion Since January

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Key Insights:

  • Spot Bitcoin ETF inflows reached $996 million last week, the highest since January.
  • BlackRock led demand through IBIT and is expanding into yield-focused ETF products.
  • Bitcoin price held above $75,000 as technical indicators signaled early recovery.

Bitcoin ETF inflows surged last week, reaching $996 million across U.S. spot funds, according to SoSoValue. The increase occurred on April 17, driven by renewed institutional demand as global markets stabilized and risk appetite improved.

The surge was led by BlackRock, whose IBIT fund recorded the largest share of inflows. The move reflects growing institutional allocation into Bitcoin through regulated products, while the Bitcoin price held above $75,000 despite macroeconomic uncertainty.

Bitcoin ETF Inflows Stood At $996 Million Last Week

Over the last week, net inflows across all US spot Bitcoin ETFs totaled $996 million. The most inflows came on Friday, April 17, amid massive global market rally. This marks the highest weekly inflow total since January.

Spot Bitcoin ETF inflows | Source: SoSoValue

Total assets held in Bitcoin ETFs have now surpassed $100 billion. It also reflects the growing scale of institutional participation in the market. The surge in inflows signals a renewed pickup in institutional demand for Bitcoin, as investors continue to increase exposure through regulated investment vehicles.

BlackRock Expands Bitcoin ETF Strategy Beyond Spot Exposure

With strong inflows resuming once again, BlackRock is doubling down on its ETF plans. The world’s largest asset manager advanced its Bitcoin strategy with a new yield-generating ETF. IT shows a clear shift in how institutions engage with Bitcoin exposure.

The proposed product, referred to as BITA, is designed to generate returns through market volatility rather than relying solely on price appreciation. Estimated annual yields are projected in the range of 27-41% based on volatility-driven strategies.

This follows the success of BlackRock’s iShares Bitcoin Trust, which has amassed around $50 billion in Bitcoin exposure since launch. The introduction of a yield-focused Bitcoin ETF could allow institutional investors to generate returns across different market conditions.

Market analysts expect other fund managers to follow suit. As of today, BlackRock holds over 800K Bitcoin in its portfolio.

Bitcoin Price Holds Firm Above $75,000 Level

Bitcoin price maintained strength above the $75,000 level despite macroeconomic uncertainty and geopolitical developments. The asset traded near $75,200 at press time, showing resilience during periods of global volatility.

Recent tensions involving Iran and the Strait of Hormuz failed to trigger a major sell-off. Instead, Bitcoin price held its ground, suggesting strong underlying demand from institutional participants.

However, despite this, BTC price is holding up well above $75,200 as of press time. Popular market analyst Merlijn The Trader noted that the monthly MACD indicator has shifted from deep red to lighter levels. It shows a strong shift in momentum.

BTC Price momentum shift | Source: Merlijn The Trader

According to the analyst, similar transitions in the past, including in 2015 and 2019. After initial bottom formations, they were followed with sustained bullish runs.

Merlijn stated that the current shift does not indicate an immediate price surge but rather a gradual transition toward a potential market bottom. The analysis suggests that Bitcoin may be entering an early stage of recovery

The post Spot Bitcoin ETFs Saw Strongest Inflows ~$1 Billion Since January appeared first on The Market Periodical.

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