David Edwards
U.S.-listed Bitcoin exchange-traded funds (ETFs) recorded their highest daily net inflows since late January, signaling renewed investor confidence as the broader crypto market surged over the Easter weekend.
According to CoinGlass data, the 11 Bitcoin-tracking ETFs collectively posted $381.3 million in net inflows on April 21. The ARK 21Shares Bitcoin ETF (ARKB) led the group, attracting $116.1 million alone.
This marks the largest single-day inflow for Bitcoin ETFs since January 30, when the funds logged a $588.1 million net inflow following Bitcoin’s six-figure price rally earlier in 2024.
“The ETF market has demonstrated resilience despite macroeconomic headwinds,” said analysts reviewing the CoinGlass inflow data.
Bitcoin ETFs Rebound Despite Trade War Tensions
The recent resurgence in ETF inflows follows a challenging period, with persistent outflows driven by investor uncertainty tied to U.S. President Donald Trump’s escalating trade war rhetoric. CoinGecko data shows Bitcoin dipped below $100,000 in early February and hit a 2025 low of $74,773 on April 7, coinciding with Trump’s announcement of comprehensive global tariffs and a corresponding stock market downturn.
On April 21, several ETFs recorded notable inflows:
- Fidelity Wise Origin Bitcoin Fund (FBTC): $87.6 million
- Grayscale Bitcoin Trust (GBTC) and Bitcoin Mini Trust ETF (BTC): Combined $69.1 million
Meanwhile, the Invesco Galaxy Bitcoin ETF (BTCO) and the WisdomTree Bitcoin Fund (BTCW) reported no inflows or outflows for the day. BlackRock’s iShares Bitcoin Trust ETF (IBIT), the largest Bitcoin ETF by assets under management, saw $41.6 million in net inflows, although this figure was down from pre-weekend levels.
Crypto Markets Maintain Gains Through Easter Holiday
Despite broader U.S. equity markets closing in the red on April 21—with the S&P 500 down 2.4% and both the Nasdaq and Dow Jones falling 2.5%—crypto markets remained resilient.
During the three-day Easter weekend, the total crypto market capitalization expanded by $800 billion, reaching $2.84 trillion. Bitcoin significantly contributed to this surge, surpassing a $1.75 trillion market value for the first time since March 22 and peaking above $88,500—a four-week high.
