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Cryptocurrency News Articles
US Bitcoin ETFs Record Their Largest Daily Inflows Since January
Apr 22, 2025 at 06:05 pm
US-based Bitcoin ETFs recorded their largest daily inflows since January, as the crypto market regains strength after a difficult period.
US-based Bitcoin ETFs recorded their largest daily inflows in several months as the crypto market continues to show strength after a trying period.
These 11 investment funds saw a total of $381.3 million flowing into them yesterday, April 21, according to data from CoinGlass.
This performance marks the best day for the funds since January 30, when they recorded outflows of $588.1 million, an event that coincided with bitcoin briefly touching the $100,000 mark.
Among the big winners of this exceptional day, the ARK 21Shares ETF (ARKB) excelled with $116.1 million in net inflows.
Coming in a close second was the Fidelity Wise Origin Bitcoin Fund (FBTC) with $87.6 million, while Grayscale funds collectively reaped $69.1 million.
This renewed interest follows several difficult weeks for Bitcoin ETFs. Trade war threats from President Trump had previously caused capital flight. In early April, these funds lost $713 million in just seven days.
However, unlike traditional stock markets which closed in the red on April 21 with the S&P 500 down 2.4% and the Nasdaq falling 2.5%, the crypto market showed no signs of slowing down throughout the Easter weekend.
In fact, the total market capitalization of cryptocurrencies gained an astounding $800 billion during this three-day period, stabilizing at $2.84 trillion.
A large part of this rise can be attributed to Bitcoin, which saw its market value exceed $1.75 trillion for the first time since March 22.
The bitcoin price also displayed a strong recovery, surpassing $88,500, its highest level in four weeks. This impressive performance follows its 2025 low of $74,773 reached on April 7, just a few days after Trump imposed new tariffs.
This swift rebound of Bitcoin ETFs showcases the growing resilience of the crypto ecosystem to global economic uncertainties. Despite external pressures, institutional investors seem to be maintaining their confidence in bitcoin as a strategic asset class to diversify their portfolios, especially in the face of Trump’s new tariffs.
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