On April 22, Bitcoin ETF inflows vastly exceeded the 2025 daily average, reaching $912 million or over 500 times the norm. This resurgence is tied to BTC price increases, with ETFs emerging as influential players in Bitcoin’s trading dynamics. Analysts highlight that these inflows indicate a positive trend for institutional investments in Bitcoin ETFs, with implications for market activity.
On April 22, Bitcoin ETF inflows reached an extraordinary $912 million, dramatically surpassing the 2025 average, which sits at merely 23 BTC or $2.1 million per day. This record inflow equals over 500 times the daily average and underscores the growing influence of Bitcoin ETFs, which reacted sharply to recent BTC price increases. Following a resurgence in Bitcoin value, ETF investments reflected a significant uptick after a six-week high in BTC/USD.
The April 22 inflow marks the highest daily ETF investment since November 11, 2024, indicating a notable rebound in demand amidst fluctuating market sentiments. Given that the average daily inflow since the ETFs’ launch in January 2024 is about 1,031 BTC, the recent figure exemplifies a significant deviation from patterns observed throughout this year. Researchers at Glassnode described this phenomenon as unusual.
Bloomberg’s ETF analyst Eric Balchunas remarked on this turnaround, noting that the inflows across the majority of the 11 ETFs indicated a collective appetite for Bitcoin, contrasting previous trends where the iShares Bitcoin Trust (IBIT) garnered the majority of investments. Andre Dragosch from Bitwise echoed this optimism, highlighting that Bitcoin ETFs have assumed a vital role as the ‘marginal buyer’ in the Bitcoin market since early 2024, possessing the potential to influence trading volumes on exchanges.