Spot Bitcoin ETFs in the U.S. saw significant inflows this week, with $817.5 million on Tuesday, following Monday’s $1.1 billion.
Daily trading volume across 12 spot Bitcoin ETFs reached $5.7 billion on Tuesday, up from $2.8 billion last Friday, according to data from Farside.
BlackRock’s IBIT led Tuesday’s inflows with $778.3 million, totaling $1.93 billion for the week. Fidelity’s FBTC added $37.2 million, while Grayscale’s Mini Bitcoin Trust and VanEck’s HODL each saw over $10 million. Grayscale’s GBTC had $17.8 million in outflows, and Ark and 21Shares’ ARKB reported $5.4 million in net outflows.
Bitcoin’s recent price surge, driven by a crypto market rally after Donald Trump’s election win, has temporarily paused. The asset dropped 3.4% to $86,855 after briefly surpassing $90,000. Ether also declined 7.35% to $3,142.
Some analysts expect that Bitcoin’s pullback may reflect profit-taking among large holders, potentially leading to a short-term dip before an upward trend resumes, and that prices could additionally be impacted by today’s CPI release.
Spot Ethereum ETFs recorded significant activity on Tuesday, drawing in $135.9 million, their second-largest daily inflow since launch. BlackRock’s ETHA led the pack, attracting $131.5 million. Bitwise’s ETHW added nearly $17 million, and Grayscale’s Mini Ethereum Trust followed with inflows of $12.7 million.
After weeks of uncertainty, the bearish grip on Bitcoin may finally be easing, according to a recent analysis by crypto research firm Swissblock.
On April 17, 2025, U.S. spot Bitcoin ETFs experienced a significant uptick in inflows, while Ethereum ETFs saw no net movement, according to data from Farside Investors.
Bitcoin has soared to new heights in 2024, yet the excitement that once accompanied these milestones is strangely missing. Instead of wild rallies and viral trading crazes, the current market feels almost businesslike—more calm than chaos.
Oklahoma is stepping away from its bid to create a state-managed Bitcoin reserve after a closely watched proposal failed to clear a key hurdle in the State Senate.