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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.” 

BlackRocks iShares Bitcoin Trustwinner 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.

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