- Spot Bitcoin ETFs saw $912.7M in inflows, their highest since January’s all-time high.
- ARK 21Shares led daily inflows, surpassing BlackRock’s IBIT ETF.
- Institutional demand surged as Bitcoin climbed above $94,000.
Spot Bitcoin exchange-traded funds experienced their largest daily inflow of $912.7 million on April 22 since recording this number on January 20. This inflow surge at spot Bitcoin exchange-traded funds happened after Bitcoin rates increased by over 6% in a single day from $88,610 to $94,115 according to analytics firm @spotonchain.
An inflow volume recorded by Spot Bitcoin exchange-traded funds duplicated the surge that occurred in January after Bitcoin hit its all-time high above $109,000. ETF inflows demonstrate a direct connection between investor attitudes along with corporate investment through these financial instruments.
ARKB and FBTC Lead ETF Inflows
Unlike typical patterns where BlackRock’s IBIT dominates ETF inflows, the ARK 21Shares Bitcoin ETF (ARKB) led the latest surge, attracting $267.1 million. This marked ARKB’s second-largest daily inflow since launch. Fidelity’s Wise Origin Bitcoin Fund (FBTC) followed closely, receiving $253.8 million.
BlackRock’s iShares Bitcoin Trust (IBIT) secured $193.5 million during the same period. These figures reflect a broader diversification of institutional interest across multiple fund offerings, indicating increased confidence in Bitcoin exposure through a variety of investment products.
Regulatory Shift Boosts Institutional Sentiment
The inflows followed the swearing-in of new SEC Chairman Paul Atkins, who has pledged to promote a more coherent and principle-based regulatory approach to digital assets. Atkins replaced Gary Gensler after the U.S. presidential transition. Market participants interpreted Atkins’ appointment as supportive of the crypto sector, aligning with the uptick in ETF demand. His statements appear to have contributed to growing institutional optimism, driving renewed inflows into Bitcoin-linked investment vehicles.
Market Capitalization Climbs with Institutional Support
The market value of Bitcoin outperformed $1.75 trillion while the entire crypto market value soared beyond $2.84 trillion. Bitcoin shows mounting strategic asset appeal to investors because of their increasing trust in its value during worldwide economic turbulence as revealed by strong ETF investor interests.
Institutional investors demonstrate continuous commitment toward alternative investments during times of market volatility as market data shows. The Bitcoin market value remains elevated above $94,000 at present after regulatory changes combined with recent market influx strengthened its price support.
