- Bitcoin inflows return in April 2025 as prices stabilize near $50K, signaling renewed confidence after Q1 outflows and correction.
- Over 70 crypto ETFs await SEC approval following a leadership shift and policy reform under new chair Hester Peirce Atkins.
- The SEC and DOJ ease enforcement in 2025, boosting optimism for crypto ETFs tied to XRP, SOL, LTC, and memecoins like DOGE.
The crypto scene is changing rapidly in 2025 following important SEC leadership changes and changing market dynamics. According to Bloomberg reporter Eric Balchunas, More than 70 crypto-related ETFs, such as XRP, Solana, and even meme coins like Dogecoin, currently wait for approval. The flood of filings comes as Bitcoin sees a big trend change. The market, which saw a peak above $100,000 in late 2024, has since corrected considerably. Exchange flow data suggests shifting investor sentiment, with inflows staging a comeback after months of large-scale outflows.
Bitcoin Exchange Flows Reflect Market Momentum
Bitcoin saw steady price gains from January to November 2024. Prices rallied from sub-$40,000 levels to an all-time high above $100,000. Consequently, investor confidence soared, supported by strong inflows at multiple points throughout the year. Peaks in exchange deposits occurred in March, June, and October 2024, with the October inflow reaching $1.3 billion.
However, a correction followed the rally. By early 2025, the price dropped to around $50,000. Outflows dominated the January to March period, with the largest outflow—nearly $1 billion—happening in March. Hence, traders began pulling assets from exchanges, likely moving funds to cold wallets or adopting a wait-and-see stance.
Recently, that pattern has shifted. Mid-April data shows a resurgence in exchange inflows, suggesting renewed confidence. Additionally, the stabilizing price near $50,000 supports this view. This level remains well above early 2024 prices, indicating long-term bullish sentiment.
SEC Shifts Tone Under New Leadership
Besides market action, regulatory developments have added momentum. With Hester Peirce Atkins now confirmed as SEC Chair, the agency resumes work on pending ETF applications. These include proposed spot ETFs for XRP, SOL, LTC, and DOGE, submitted by over a dozen asset managers.
During the leadership gap, acting chair Mark Uyeda delayed decisions on crypto products. Consequently, industry players grew frustrated. Atkins, however, promises reform. He backs deregulation, aligning with Donald Trump’s innovation-first vision.
Moreover, the SEC has recently dropped several enforcement actions. The DOJ also shut down its crypto task force, marking a policy shift. Critics, such as Sen. Warren, remain vocal. However, market participants now expect faster ETF approvals.
