Spot bitcoin ETFs see biggest inflows since Trump’s inauguration
Global inflows to spot bitcoin ETFs already total $2.4 billion this week, making it the strongest week since January 17.
“We saw a further $1 billion inflows yesterday alone,” CoinShares Head of Research James Butterfill told Sherwood News.
Bloomberg Intelligence analyst Eric Balchunas posted on X yesterday that spot bitcoin ETFs are going into “Pac-Man mode,” and followed up today saying the ETF “bitcoin bender” has “consumed nearly 25,000 btc in three days.”
BlackRock’s iShares Bitcoin Trust — winner of the 2025 ETF.com award for Best New ETF — gained the most, attracting $643 million in single-day inflows yesterday. This represents the largest bump since December 5, 2024, according to Farside Investors data. Other gainers included ARK 21Shares Bitcoin ETF, which recorded $129.5 million in inflows on April 23, and Fidelity Wise Origin Bitcoin Fund, with $124.4 million.