{"id":128008,"date":"2025-04-26T06:20:18","date_gmt":"2025-04-26T06:20:18","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=128008"},"modified":"2025-04-26T06:20:18","modified_gmt":"2025-04-26T06:20:18","slug":"bitcoin-etfs-on-3b-bender-log-first-full-week-of-inflows-in-5-weeks","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=128008","title":{"rendered":"Bitcoin ETFs on $3B \u2018bender,\u2019 log first full week of inflows in 5 weeks"},"content":{"rendered":"<p>Source: Cointelegraph.com NewsSpot Bitcoin exchange-traded funds (ETF) in the United States saw over $3 billion in inflows this week, marking the first full week of consecutive inflows in five weeks.<br \/>\nOn April 25, the 11 spot Bitcoin (BTC) ETFs saw $380 million in inflows, bringing the total for the week to around $3.06 billion over five consecutive inflow days, according to Farside data. The last time spot Bitcoin ETFs had a full week of inflow days was the week ending March 21.<br \/>\nStrong inflow week turns April into positive month<br \/>\nETF analyst Eric Balchunas said in an April 24 X post that \u201cETFs are on a Bitcoin bender.\u201d<br \/>\n\u201cWhat\u2019s really notable here is just HOW FAST the flows can go from 1st gear to 5th gear,\u201d Balchunas said, forecasting that some of those flows may be due to the \u201cbasis trade back in effect.\u201d<br \/>\nSource: Satoshi StackerAmid ongoing financial and macroeconomic uncertainty, spot Bitcoin ETFs have experienced a volatile April, with nine out of the total 18 trading days so far being outflow days.\u00a0<br \/>\nHowever, a strong surge of inflows over the past week has turned the month positive, bringing total net inflows for April to approximately $2.26 billion.<br \/>\nOn the same day, Strategy founder Michael Saylor reportedly said at the Bitwise Invest Bitcoin Corporations Investor Day that BlackRock\u2019s iShare Bitcoin ETF \u201cwill be \u201cthe biggest ETF in the world in ten years.\u201d<br \/>\nRelated: 5 Bitcoin charts predicting BTC price rally toward $100K by May\u00a0<br \/>\nJust two days prior, on April 23, BlackRock\u2019s iShare Bitcoin ETF (IBIT) was awarded the \u201cBest New ETF\u201d at the annual etf.com ETF awards. IBIT was also the recipient of Crypto ETP of the year.<br \/>\nMeanwhile, Bitcoin\u2019s spot price continues to hover around the $95,000 price level, currently trading at $94,613 at the time of publication, according to CoinMarketCap data. Institutions are continuing to raise their bullish price targets.<br \/>\nBillion-dollar asset manager ARK Invest recently raised its \u201cbull case\u201d Bitcoin price target from $1.5 million to $2.4 million by the end of 2030, driven largely by institutional investors and Bitcoin\u2019s increasing acceptance as \u201cdigital gold.\u201d<br \/>\nARK\u2019s \u201cbear\u201d and \u201cbase\u201d case scenarios for the price of Bitcoin\u00a0were also bumped up to $500,000 and $1.2 million.<br \/>\nMagazine: Pok\u00e9mon on Sui rumors, Polymarket bets on Filipino Pope: Asia Express<a href=\"https:\/\/cointelegraph.com\/news\/us-spot-bitcoin-etfs-consecutive-inflow-week-significant-inflows?utm_source=rss_feed&amp;utm_medium=rss&amp;utm_campaign=rss_partner_inbound\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: Cointelegraph.com NewsSpot Bitcoin exchange-traded funds (ETF) in the United States saw over $3 billion in inflows this week, marking the first full week of consecutive inflows in five weeks.&hellip; <\/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\/128008"}],"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=128008"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/128008\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=128008"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=128008"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=128008"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}