Bitcoin exchange-traded funds (ETFs) in the United States logged their largest daily net inflow in nearly three months, collecting $381.3 million on April 21 as renewed bullish sentiment swept through the crypto market. The last time inflows reached this level was January 30, shortly after Bitcoin surpassed the $100,000 mark in spot markets.
According to data from CoinGlass, the ARK 21Shares Bitcoin ETF (ARKB) led the charge with $116.1 million in inflows. It was followed by the Fidelity Wise Origin Bitcoin Fund (FBTC) with $87.6 million, while the Grayscale Bitcoin Trust (GBTC) and its Mini Trust ETF added a combined $69.1 million. BlackRock’s iShares Bitcoin Trust ETF (IBIT) brought in $41.6 million.
The inflow resurgence coincides with Bitcoin’s price rally over the Easter weekend, during which it peaked above $88,000, pushing total crypto market capitalization to $2.84 trillion. Analysts say the spike in ETF activity reinforces that regulated exposure remains a preferred channel for institutional capital allocation into digital assets.
Factors such as geopolitical tensions, declining interest rate expectations, and weakening correlations with traditional assets are strengthening Bitcoin’s appeal as both a hedge and long-term store of value—driving renewed ETF demand.
ETF Momentum Builds Across Major Bitcoin Funds
Investor sentiment appears to be stabilizing following recent macroeconomic volatility. According to CoinGecko, the ARK 21Shares Bitcoin ETF (ARKB) led the inflows on April 21, while Fidelity’s FBTC also posted strong numbers at $87.6 million.
Grayscale’s flagship vehicles—GBTC and its newer Mini Trust ETF (BTC)—collectively attracted $69.1 million, highlighting revived interest in legacy products. Meanwhile, BlackRock’s IBIT, the largest Bitcoin ETF by assets under management, saw $41.6 million in new capital—less than pre-Easter levels, but still significant.
Analysts say this ETF rebound may signal growing institutional confidence in Bitcoin’s durability, even amid political and economic uncertainty. As volatility cools and regulatory clarity improves, ETFs may act as stabilizers for institutions seeking risk-managed crypto exposure.
Crypto Resilience Grows as Wall Street Slides
While U.S. equities reopened to sharp losses following the holiday break, crypto markets continued their upward climb. On April 21, the S&P 500 dropped 2.4%, with both the Nasdaq and Dow Jones losing 2.5%—driven by ongoing concerns over trade wars and rate policy.
Meanwhile, crypto markets rallied during the Good Friday market closure, adding $800 billion in capitalization over three days. Bitcoin surged past $88,000, lifting its market cap above $1.75 trillion—its highest level in nearly a month.
Analysts say this divergence highlights a shift in investor behavior, with a growing appetite for decentralized assets as a hedge against traditional market volatility. As macroeconomic uncertainty lingers, digital assets are increasingly seen as reliable alternatives.
Quick Facts
- U.S. Bitcoin ETFs recorded $381.3 million in net inflows on April 21, the highest since January.
- ARKB led the day with $116.1 million, followed by FBTC, GBTC, and IBIT.
- Bitcoin surpassed $88,000, helping drive total crypto market capitalization to $2.84 trillion.
- Institutional interest in regulated crypto exposure continues to grow amid favorable conditions.
