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.
Despite a prolonged period of mostly outflows from spot Bitcoin ETFs, it seems institutional investors are regaining some of their bullish sentiment during a time of price stagnation.
The total net inflow into U.S. spot Bitcoin ETFs reached $106.9 million on April 17, according to data from Farside Investors. The primary contributors were:
Other ETFs, including those from Bitwise, Ark, Invesco, Franklin, Valkyrie, VanEck, WisdomTree, and Grayscale, reported no net flows for the day.
This marks a notable recovery following a net outflow of $171.1 million on April 16, indicating renewed investor confidence in Bitcoin ETFs.
In contrast, Ethereum spot ETFs recorded zero net flows on April 17. This follows a net outflow of $12.1 million on April 16, suggesting a pause in investor activity within Ethereum ETFs.
The resurgence in Bitcoin ETF inflows suggests a potential shift in investor sentiment, possibly driven by market dynamics or macroeconomic factors. Meanwhile, the stagnation in Ethereum ETF flows may reflect investor caution or a wait-and-see approach.
Spot Bitcoin ETFs recorded a massive influx of over $1 billion in a single day on Thursday, fueled by Bitcoin’s surge to a new all-time high above $118,000.
Bitcoin’s breakout to a new all-time high above $118,000 has reignited momentum across the crypto market. While BTC itself saw nice gains several altcoins are riding the wave of renewed investor interest.
As Bitcoin breaks above $118,000, fresh macro and on-chain data suggest the rally may still be in its early innings.
Bitcoin’s surge to new all-time highs is playing out differently than previous rallies, according to a July 11 report by crypto research and investment firm Matrixport.