U.S. Bitcoin ETFs Resume Inflows With $422.5 Million Led by BlackRock After April $56.3M Outflows and BTC Near $97,000

By: defi news|2025/05/02 21:00:04
0
Share
copy
U.S. Bitcoin exchange-traded funds (ETFs) experienced a break in their eight-day inflow streak on April 30, 2025, with $56.3 million in outflows, attributed in part to investor caution ahead of GDP and PCE data releases. Despite this, April saw a total inflow of approximately $2.96 billion into Bitcoin ETFs, with holdings increasing by 32,521 BTC to a record 1,337,814 BTC valued at $128 billion, representing 6.4% of all Bitcoin ever to exist. The U.S. market dominates with an 87% share of global Bitcoin ETF holdings. On May 1, Bitcoin ETFs returned to net inflows, gaining $422.5 million, led by BlackRock, which accounted for $351 million of the inflows and has maintained a 13-day streak of buying 37,000 BTC. This renewed inflow coincided with Bitcoin prices hovering just below $97,000 and the cost basis ribbon for short-term holders indicating a return to profitability, signaling potential positive market momentum. Meanwhile, Ether (ETH) ETFs showed weaker performance, with continued net outflows on May 1, despite a $6.5 million inflow on the same day and ETH prices holding above $1,800. Fidelity has been the main buyer in ETH ETFs recently, while Grayscale has seen notable sell-offs. The slight outflow on April 30 and early May was linked to investor caution around economic data, but inflows resumed as prices recovered, with BlackRock playing a key role in sustaining ETF demand.This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz.To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

-- Price

--

You may also like

Do you want to buy CRCL?

A detailed breakdown of Circle's business fundamentals and valuation logic: The panic over OUSD and the market correction have triggered a short-term mispricing, presenting an opportunity for left-side positioning and legislative speculation below $60.

Wosh: Inflation has cooled in recent weeks, AI is reshaping the economy, and forward guidance has lost its necessity

Federal Reserve Chairman Waller clearly stated at the ECB forum that the Fed will abandon forward guidance on interest rates, with future decisions relying entirely on real-time economic data. He noted that inflation risks in the U.S. have decreased over the past four weeks, but the ultimate impact ...

The most secretive AI winner

A century-old company that sells toilets and produces MSG has seen its stock price soar by "positioning" core materials for AI chips. This article clarifies the explosive opportunities for domestic substitution of semiconductor materials in the A-share market.

Former ByteDance employee's account: How I started with two Pinduoduo hard drives and made six times the profit with Seagate to achieve financial freedom?

A programmer from a big tech company bought hard drives on Pinduoduo and, following clues, managed to accurately capture the sixfold rising stock Seagate using the "finding daily anomalies + 13F institutional verification" framework, making a wild profit of $400,000 and achieving financial freedom.

MiCA reshuffle begins, Binance temporarily bids farewell to the EU

What Binance leaves behind is not scattered retail investors, but a whole batch of high-value users who are forced to liquidate and have almost nowhere to go.

How does Gate redo "buying and selling stocks" from the cryptocurrency world to the stock market?

The competition logic of exchanges has changed.

Contents

Popular coins

Latest Crypto News

Read more
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:[email protected]
VIP Program:[email protected]