Source: Cointelegraph.com NewsKey points:<\/p>\n
Bitcoin ETF inflows obliterated the 2025 average on April 22.
\nETF performance remains tightly dependent on BTC price action, with the turnaround following six-week highs in BTC\/USD.
\nETFs themselves are gaining influence, with one commentator arguing that they can \u201cdetermine\u201d exchange activity.<\/p>\n
Bitcoin (BTC) institutional investors piled over eleven times the all-time average into the US spot Bitcoin exchange-traded funds (ETFs) on April 22. Source: Cointelegraph.com NewsKey points: Bitcoin ETF inflows obliterated the 2025 average on April 22. ETF performance remains tightly dependent on BTC price action, with the turnaround following six-week highs in… <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/127805"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=127805"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/127805\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=127805"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=127805"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=127805"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\nFresh data from onchain analytics firm Glassnode confirms that the $912 million ETF inflows equal more than 500 times the 2025 daily average.
\nGlassnode: 2025 ETF average inflow just 23 BTC
\nBitcoin ETFs immediately felt the impact of BTC price rises this week, with inflows\u00a0undergoing a \u201cdramatic\u201d turnaround\u00a0to nearly $1 billion in a single day. BTC\/USD hit its highest levels since early March.
\nGlassnode reveals just how unusual such a tally is \u2014 in 2025, so far, the average daily inflow has been just 23 BTC ($2.1 million).
\n\u201cThis was the largest daily inflow since November 11, 2024, marking a notable resurgence in demand,\u201d researchers explained in an X thread on the topic.
\nUS spot Bitcoin ETF flows. Source: GlassnodeThe April 22 total thus stands at more than 500 times the average for a year in which dramatic sentiment shifts have led to periods of major outflows across the ETF cohort.
\nEven in the context of the ETFs\u2019 entire lifespan since their January 2024 launch, the $912 million figure is rare and constitutes around 11.5 times the daily average.
\n\u201cSince inception, the average daily inflow is approximately 1,031 $BTC,\u201d Glassnode added, calling the April 22 total a \u201csignificant deviation.\u201d
\nUS spot Bitcoin ETF flows. Source: Glassnode
\nETFs become \u201cmarginal buyer\u201d for BTC
\nContinuing, Bloomberg ETF analyst Eric Balchunas was among those optimistic about the ETFs\u2019 change of fortunes.
\nRelated: Bitcoin exchange buying is back as ‘Spoofy the Whale’ lifts $90K asks
\n\u201cThe spot bitcoin ETFs went Pac-Man mode yesterday,\u201d he told X followers.
\nBalchunas noted that inflows increased across most of the\u00a0eleven ETFs\u00a0\u2014 a move that contrasts with the common scenario in which the largest product, BlackRock\u2019s\u00a0iShares Bitcoin Trust (IBIT), takes in the lion\u2019s share of investments.
\nAndre Dragosch, European head of research at asset management firm Bitwise, was equally buoyant.
\n\u201cGreat to see very positive net inflows into Bitcoin ETFs again — In fact, they have become \u2018the marginal buyer\u2019 in Bitcoin since Jan 2024,\u201d he observed alongside more Glassnode data.\u00a0
\n\u201cThe can actually determine whether you see negative or positive net buying volumes on BTC spot exchanges.\u201d
\nUS spot Bitcoin ETF flows (screenshot). Source: Farside InvestorsThis article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"