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Yahoo
22-05-2025
- Business
- Yahoo
Bitcoin ETFs Attract $667.4 Million In Weekly Inflows As Bullish Momentum Builds Toward New All-Time Highs
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Bitcoin investment products continue to attract significant capital as the leading cryptocurrency approaches record territory once again. On May 19, U.S. spot Bitcoin ETFs recorded a substantial $667.40 million in net inflows, marking the fourth consecutive day of positive flows into these investment vehicles. The day's inflow distribution across the major Bitcoin ETFs reveals interesting investor preferences: iShares Bitcoin Trust (IBIT): Led the pack with +$305.90 million in inflows Fidelity Wise Origin Bitcoin Fund (FBTC): Secured +$188.10 million ARK 21Shares Bitcoin ETF (ARKB): Attracted +$155.30 million Bitwise Bitcoin ETF (BITB): Added +$16.00 million Invesco Galaxy Bitcoin ETF (BTCO): Experienced -$5.30 million in outflows VanEck Bitcoin Trust (HODL): Gained +$7.40 million Several ETFs including Grayscale Bitcoin Trust (GBTC), Franklin Bitcoin ETF (EZBC), Bitwise Bitcoin and Ether Equal Weight Strategy ETF (BTEW), and BlackRock Bitcoin and Ether Equal Weight Strategy ETF (BTCE) showed no significant flows for the period. Don't Miss: — no wallets, just price speculation and free paper trading to practice different strategies. Grow your IRA or 401(k) with Crypto – . The Ethereum ETF market, while showing more modest activity, also demonstrated positive sentiment with a total net inflow of $13.66 million on the same day. Notably, none of the nine available Ethereum ETFs experienced outflows during this period, suggesting stable investor confidence in the second-largest cryptocurrency. Bitcoin is currently trading at $105,935, showing continued strength as it moves toward its all-time high of $110,000. The asset has maintained its upward trajectory despite broader market fluctuations, reinforcing investor confidence in its long-term prospects. Bitcoin's dominance in the overall cryptocurrency market (BTC.D) has increased to 63%, representing a 3% rise over the past six days. This growing dominance comes as the alternative cryptocurrency market has declined by 6.2% during the same period, with the total altcoin market capitalization standing at $1.2 trillion. Trending: New to crypto? on Coinbase. The persistent inflows into Bitcoin ETFs highlight several important trends: Institutional comfort: The regulated ETF structure continues to attract traditional investors seeking exposure to digital assets without direct custody concerns. Market rotation: Bitcoin's increasing dominance suggests investors may be rotating capital from riskier altcoins to the relative safety of BTC in the current market environment. Momentum building: With Bitcoin approaching its all-time high, these strong inflows could provide the additional liquidity needed to push the asset to new record levels. Brand preference: The clear preference for certain ETF providers – notably BlackRock's IBIT and Fidelity's FBTC – demonstrates the importance of brand recognition and trust in the institutional Bitcoin investment landscape. As Bitcoin approaches its all-time high of $110,000, market participants will be watching closely for signs of resistance or a breakthrough to new record territory. The continued strong inflows into spot Bitcoin ETFs suggest underlying demand remains robust, potentially providing sufficient buying pressure to test new price levels. However, investors should remain mindful that cryptocurrency markets can experience significant volatility, and past performance does not guarantee future results. The rotation from altcoins to Bitcoin may indicate a more cautious market sentiment that could influence broader cryptocurrency market dynamics in the coming weeks. Read Next: A must-have for all crypto enthusiasts: . Hasbro, MGM, and Skechers trust this AI marketing firm — Image: Shutterstock Send To MSN: 0 This article Bitcoin ETFs Attract $667.4 Million In Weekly Inflows As Bullish Momentum Builds Toward New All-Time Highs originally appeared on
Yahoo
29-04-2025
- Business
- Yahoo
BlackRock's IBIT Sees Second-Largest Bitcoin Inflow Since Launch, Nearing $1 Billion
The BlackRock iShares Bitcoin (BTC) Trust ETF (IBIT) saw $970.9 million in inflows, marking its second-largest net inflow since launching in January 2024, according to Farside data. Monday accounted for $591.2 million in new capital, which saw heavy outflows from competitors: Fidelity's FBTC lost $86.9 million, Bitwise's BITB dropped $21.1 million, and ARK's ARKB saw $226.3 million in outflows. The rise comes alongside a 7.2% rise in BTC over the past seven days with it now trading at $94,900. Since April 22, IBIT has amassed over $4.5 billion in net inflows, bucking the market trend. Industry experts have taken note. Nate Geraci, President of The ETF Store, remarked: "Nearly $1 billion into iShares Bitcoin ETF today... Second-largest inflow since January 2024 inception. I still remember when there was 'no demand'." Eric Balchunas, Senior Bloomberg ETF Analyst, added: "ETFs are in two-steps-forward mode after taking one step back, exactly the pattern we predicted." Meanwhile, in derivatives markets, open interest (OI) on CME Bitcoin Futures continues to fall, now sitting at 132,750 BTC after four consecutive days of decline, according to CME data. The recent decline in open interest could be coming to an end, as the annualized basis yield has climbed from around 5% to 9% in April, according to Velo data. This resurgence in basis trade profitability could prompt renewed activity and a short-term rebound in open interest. Why it matters: In a typical basis trade, investors buy spot bitcoin and short bitcoin futures to lock in the price gap. When the yield is high, demand for futures rises, boosting OI. As the yield shrinks, fewer traders engage in the strategy, leading to declining open interest and signaling reduced leverage in the market.
Business Mayor
26-04-2025
- Business
- Business Mayor
Why Bitcoin ETFs are seeing outflows even as BTC price recovers
$812M has left Bitcoin ETFs in April despite Bitcoin price recovery post‑tariff pause. Institutions are shifting to bonds and AI/tech funds amid risk‑off sentiment. Regulatory delays and media FUD also fuel cautious ETF positioning. Bitcoin ETFs have registered significant fund withdrawals even as spot Bitcoin (BTC) price regained ground following President Trump's 90‑day suspension of reciprocal tariffs. The temporary tariff relief helped stabilize global markets, fueling a Bitcoin price rebound that saw it climb back toward the mid‑$80,000s. However, institutional investors have continued to pull money out of spot Bitcoin ETFs, culminating in a dramatic $171.10 million net outflow on April 17, according to Coinglass data. The most affected ETFs are Fidelity's FBTC and ARK Invest's ARKB, each of which has seen over $113 million in outflows. BlackRock's IBIT, however, continues to enjoy modest inflows with $30.60 million inflows as of April 17, 2025. Bitwise's BITB, VanEck's HODL, and Grayscale Bitcoin Mini Trust ETF (BTC) have also weathered the storm with $12.8M, $6.7M, $2.4M, and $3.4M inflows respectively. Month‑to‑date flows show that more than $800 million departed Bitcoin ETFs in early April, following $767 million in March. This extended streak of weekly outflows eclipses even the heaviest withdrawal phases seen since these products debuted in January 2024. Why the huge Bitcoin ETFs outflows? Notably, this trend underscores a broader risk‑off sentiment among professional investors reluctant to reallocate capital into volatile digital assets. Surging US interest rates have rendered government bonds more appealing, prompting capital rotation out of crypto ventures. Concurrently, profit‑taking after Bitcoin's late‑2024 rally motivated holders to crystallize gains, dampening demand for ETF exposure. Investors are also contending with fractured regulatory signals, as promised crypto‑friendly legislation remains stalled in Congress. Confusion surrounding token unlock schedules for structured Bitcoin products exacerbates fears of sudden supply surges. Moreover, strong inflows into AI and tech‑focused exchange‑traded funds have lured momentum‑driven capital away from crypto. Persistent media rhetoric around a 'Bitcoin ETF exodus' further compounds negative sentiment and amplifies withdrawal pressures. Bitcoin miners have also felt the squeeze, with March profitability down 7.4% as average fees and prices cooled although leading miners like Marathon Digital and CleanSpark maintained robust production and expanding hash rates despite shrinking margins. Tax‑loss harvesting strategies and quarter‑end portfolio rebalancing have also applied technical selling pressure on ETF shares. The interplay of these forces paints a nuanced picture: spot Bitcoin prices can recover while ETF flows simultaneously languish. Investors now face a delicate balancing act between capturing crypto's upside potential and managing exposure to its inherent volatility. A weaker US dollar amid shifting Federal Reserve forecasts has provided some tailwind for Bitcoin valuations in recent weeks. However, the comparative stability and yield of US Treasuries continue to attract institutional allocations away from high‑beta crypto instruments. As the market digests these divergent signals, the tug of war between price recovery and Bitcoin ETFs fund outflows may define next Bitcoin (BTC) maturation phase.
Business Mayor
24-04-2025
- Business
- Business Mayor
BlackRock's Bitcoin ETF Sees $643 Million Inflows
BlackRock's flagship Bitcoin ETF attracted $643.16 million in net inflows on April 23, marking its strongest single-day performance since January 21. The substantial inflow comes as bitcoin continues its upward momentum, trading above $92,000 following positive signals from the Trump administration regarding U.S.-China trade relations. IBIT's impressive showing contributed to a broader surge in Bitcoin ETF activity, with total spot Bitcoin ETF inflows reaching $916.91 million on Wednesday. This marks the fourth consecutive day of positive flows for U.S.-listed Bitcoin ETFs, bringing the week's total inflows to approximately $2.23 billion. ARK 21Shares Bitcoin ETF (ARKB) and Fidelity's Wise Origin Bitcoin Fund (FBTC) also saw significant interest, recording inflows of $129.5 million and $124.4 million respectively. The strong performance across multiple funds suggests growing institutional conviction in bitcoin as an investment asset. The surge in ETF interest coincides with bitcoin's break above $90,000, fueled by President Trump's hints at reducing Chinese import tariffs and confirmation that Federal Reserve Chairman Jerome Powell will remain in his position. The new SEC Chairman Paul Atkins' pro-bitcoin and crypto stance has further bolstered market sentiment. Since their January launch, U.S. spot Bitcoin ETFs have accumulated net inflows of over $37 billion, with total assets under management reaching $106.39 billion. BlackRock's IBIT leads the pack, managing approximately $53.77 billion in net assets and recently winning 'Best New ETF' at the annual awards. The recent streak of positive flows marks a significant shift from early April's outflows, suggesting renewed institutional confidence in bitcoin as both a strategic asset and inflation hedge. The trend appears supported by broader market dynamics, including a weakening U.S. dollar and expectations of Federal Reserve rate cuts in mid-2025. Read More How Financial Surveillance Threatens Our Democracies: Part 2 However, market observers note that ongoing trade policy uncertainties and inflation concerns could still impact bitcoin's trajectory. Investors continue to monitor ETF flows and macroeconomic developments as indicators of sustained institutional adoption. At press time, Bitcoin trades at $92,840, maintaining its position above key psychological levels as institutional investment continues through regulated ETF vehicles. READ SOURCE
Yahoo
23-04-2025
- Business
- Yahoo
Bitcoin ETFs Experience $936 Million Surge in Inflows Amid Safe Haven Trends
U.S. spot Bitcoin exchange-traded funds (ETFs) experienced a substantial influx of capital, with net inflows totaling $936 million on Tuesday, marking the largest single-day increase since Jan. 17. This surge reflects a growing interest among institutional investors in Bitcoin as a potential hedge against economic and geopolitical uncertainties. The recent inflows were distributed across 10 Bitcoin ETFs, with notable contributions from Ark & 21Shares, which saw $267.1 million, followed by Fidelity's FBTC with $253.8 million, and BlackRock's IBIT, which attracted $193.5 million. Over the past three days, U.S. Bitcoin funds have witnessed net inflows exceeding $1.4 billion. Analysts indicate that the interest in Bitcoin is driven by macroeconomic factors, including persistent inflation and a weakening U.S. dollar. Rachael Lucas, a crypto analyst at BTC Markets, noted that these ETF inflows signify a structural shift in which institutional capital is increasingly returning to crypto. She highlighted favorable supply dynamics and Bitcoin's growing acceptance as a strategic asset class. Min Jung, a research analyst at Presto, commented on Bitcoin's evolving role as a potential safeguard against inflation and geopolitical risks. Although it may be premature to label Bitcoin a definitive "safe haven," its relatively stable performance during recent global market fluctuations suggests it is being viewed as "digital gold." The influx of funds into Bitcoin ETFs coincided with a recent uptick in Bitcoin's price, which rose by 6.4% to approximately $93,765. Factors likely to influence further inflows include expectations of renewed quantitative easing by the Federal Reserve and the potential for improved U.S.-China trade relations, as indicated by Treasury Secretary Scott Bessent. As Bitcoin ETFs now hold over $103 billion in assets, market participants are closely monitoring the evolving landscape for further investment opportunities. Sign in to access your portfolio
