Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesBotsEarnCopy
US Spot Bitcoin ETFs See $3 Billion Inflows

US Spot Bitcoin ETFs See $3 Billion Inflows

TheccpressTheccpress2025/04/27 21:11
By:in Bitcoin News
Key Points:
  • Record $3B inflows into US spot Bitcoin ETFs.
  • BTC price rises 11% during the event.
  • Possible further upside toward the $100,000 milestone.
US Spot Bitcoin ETFs Attract Over $3 Billion In Inflows

The increased inflows into Bitcoin ETFs suggest strong institutional confidence, boosting BTC price 11% as analysts anticipate further gains.

BlackRock and Fidelity were major players in the Bitcoin ETF inflow event, driving confidence in these financial products. BlackRock’s IBIT ETF alone registered over $240 million in a single day, contributing to over $41.2 billion in cumulative flows. Fidelity also showed significant inflows, with $108 million added in one day. Other issuers such as Grayscale and ARK21Shares also participated, indicating broad institutional interest in Bitcoin.

Bitcoin’s Price Rise

Bitcoin’s price rose significantly amid these inflows, climbing 11% from $85,000 to $94,250. Analysts forecast further gains, potentially driving Bitcoin past the psychologically important $100,000 mark. The broader crypto market also benefited from the positive sentiment.

Institutional Confidence and Market Impacts

Institutional involvement signals increased confidence in the crypto sector, potentially leading to more financial innovation. Eric Balchunas, Senior ETF Analyst at Bloomberg , remarked, “Been a while since I’ve seen BTC ETF momentum flip this hard. First full week of net positive flows in over a month. It’s a Bitcoin bender out there.”

ETF-driven buying and reduced miner selling are contributing to limited supply and upward price momentum. Historical patterns of ETF inflows have often been followed by significant price increases.

Historical Data and Future Outlook

Historical data suggests similar ETF inflow events resulted in Bitcoin price rallies. Glassnode reported renewed open interest in Bitcoin derivatives, reflecting increased leverage and institutional participation. These factors collectively suggest an optimistic outlook for Bitcoin’s price trajectory.

Disclaimer:

The content on The CCPress is provided for informational purposes only and should not be considered financial or investment advice. Cryptocurrency investments carry inherent risks. Please consult a qualified financial advisor before making any investment decisions.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Unstaked Goes Viral With a Massive $1M Giveaway, as Solana (SOL) Charges and Pi Network Falters

Solana’s bullish push targets a $300 billion market cap, Pi Network struggles with selling pressure, and Unstaked heats up the presale space with a $1 million giveaway as the total funds reach $9.2 million.Solana Eyes $300B Market Cap as Structural Signals ImprovePi Network Drops Further as Bearish Pressure MountsUnstaked Ignites the Presale Scene with AI Innovation & a $1M GiveawayFinal Thoughts

Coinomedia2025/06/07 17:08
Unstaked Goes Viral With a Massive $1M Giveaway, as Solana (SOL) Charges and Pi Network Falters

SHIB Drops 11% in a Week – Is Nexchain the Top Crypto Presale ICO of 2025?

While SHIB tumbles, Nexchain rises—an AI-powered blockchain presale offering 455% ROI, real utility, and top-tier scalability in 2025.Nexchain AI Blockchain: Built for the Real WorldSHIB Slips Closer to Multi-Month LowsThe Best Crypto Presale to Buy? Nexchain Could Be the One

Coinomedia2025/06/07 17:08
SHIB Drops 11% in a Week – Is Nexchain the Top Crypto Presale ICO of 2025?

Charting the Future of What Could Be the Most Popular Cryptocurrency After Hyperliquid

Qubetics is gaining momentum with a multi-chain wallet, \$17.7M raised, and 4,349% ROI potential—could it be the next Hyperliquid success story?Qubetics: Non-Custodial Multi-Chain Wallet Is a Game ChangerHyperliquid: A Massive Win for Many Early AdoptersThe Final Word: Next Most Popular Cryptocurrency

Coinomedia2025/06/07 17:08
Charting the Future of What Could Be the Most Popular Cryptocurrency After Hyperliquid