Inflows into spot Bitcoin ETFs have surged once again as investors chose to look past the Trump reciprocal tariffs. The net inflows across all US ETFs for Bitcoin stood at $220 million
Investors chose to look past the Trump reciprocal tariffs and focused on Bitcoin ETF inflows, which surged once again. The net inflows across all US ETFs for Bitcoin came in at $220 million, completely recovering the early week selloff. It shows that the markets have already factored in the impact of the Trump tariff, and institutional players see it as an opportune time to buy the lows.
Bitcoin ETF Inflows Back in Triple Digit Million
Following a poor start to the week with the first two days of net outflows, inflows in the spot Bitcoin ETFs have resumed once again. On Wednesday, April 2, the net inflows surged to $220 million with Fidelity’s FBTC and Ark Invest’s ARK dominating the flows at $119 million and $130 million respectively, according to data by Farside Investors.
On the other hand, BlackRock’s iShares Bitcoin Trust (IBIT) saw over $116 million in outflows. The market has been showing mixed responses to the current development with Trump tariffs turning out to be a “buy the news” event.
After a long period of institutions exiting their BTC holdings, they have once again started accumulating. The top 75 publicly traded companies’ total Bitcoin holdings now stand at 696,456 BTC, showcasing a strong institutional presence in the crypto market.
In the past week alone, eight of these firms increased their Bitcoin reserves, adding a total of 26,303 BTC. This surge in accumulation signals growing confidence among institutional investors in Bitcoin’s long-term value. Top Bitcoin holders like Michael Saylor’s Strategy, and Japan’s Metaplanet have been increasing their BTC stack.
BTC Price Action After Trump’s Tariffs
Soon after Trump’s reciprocal tariffs kicked in, Bitcoin price faced strong volatility, crashing from $88,000 all the way to $81,000, despite the triple-digit million outflows in the US-listed Bitcoin ETFs and a daily trading volume surging by 85% to reach $54 billion.
As of press time, BTC price is trading at $83,394 with a market cap of $1.65 trillion. Crypto analyst Ali Martinez has highlighted a key price range for Bitcoin, noting that the asset is currently trading between $86,900 and $84,800. According to Martinez, whichever side breaks first on the hourly chart could determine Bitcoin’s next major price movement.
