Bitcoin remained stable above $95,000 during Monday’s trading. The cryptocurrency showed resilience despite mixed flows across different ETF providers. Bitcoin has gained significant momentum in recent weeks.
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This is supported by strong institutional demand through regulated investment vehicles.
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Last week’s total ETF inflows of over $3.3 billion marked the second-highest weekly total since these products launched in January. This was exceeded only by their debut week.
The sustained institutional interest comes amid improving macro conditions. There is also growing mainstream adoption of Bitcoin as an investment asset. Recent developments have helped maintain positive market sentiment.
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These include signals from President Trump regarding import tariffs. New Chairman Paul Atkins’ pro-crypto stance has also contributed.
Bitcoin ETF inflows drive market stability
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US spot Bitcoin ETFs recorded $591.3 million in net inflows on Monday. BlackRock’s iShares Bitcoin Trust (IBIT) led at $970.9 million. The inflows on April 29, 2025, extended last week’s momentum.
This saw over $3.3 billion in total inflows. IBIT dominated with $970.9 million in purchases. This marked its second-largest daily inflow since launching in January 2024.
Nate Geraci, president of the ETF Store, commented, “I still remember when there was ‘no demand.'”
The strong inflows were not uniform across all funds. The ARK 21Shares Bitcoin ETF (ARKB) saw $226.3 million in outflows. Fidelity’s Bitcoin ETF experienced $86.9 million in redemptions during the same period.
Despite this, IBIT has established itself as the clear market leader. It now controls the majority of total US spot Bitcoin ETF assets, managing over $54 billion in assets.