Bitcoin ETFs Bounce Back Big, Adding Nearly $1 Billion in a Single Day

Investors plowed nearly $913 million into spot The ARK 21Shares Bitcoin ETF (ARKB) and BlackRock’s iShares Bitcoin Trust (IBIT) led the surge with $267 million and $193.5 million in net inflows, respectively, “The spot Bitcoin ETFs went Pac-Man mode yesterday,” quipped Bloomberg Senior ETF Analyst Eric Balchunas in an The spot bitcoin ETFs went Pac-Man mode yesterday, +$936m, $1.2b for week. Also notable is 10 of 11 of the originals all took in cash too. Good sign to see flow depth vs say $IBIT doing 90% of the lifting. Price up $93.5k. Pretty strong all things considered IMO. pic.twitter.com/HeLwffgT8F— Eric Balchunas (@EricBalchunas) April 23, 2025The Tuesday spike continued a rebound for “Good sign to see flow depth vs sayBitcoin was Bitcoin funds last received so much cash on Jan. 17, when investors pumped over $1 billion into the funds just days before Trump’s inauguration. The Bitcoin ETFs trade on stock exchanges and give speculators easy exposure to the biggest cryptocurrency by market cap, with investors able to buy shares of the funds via brokerage accounts on their mobile phones. They have been hugely popular with investors, receiving more than $36 billion in assets during their 15-month history. IBIT reached $10 billion in assets faster than any ETF in the sector’s 32-year history. But they began shedding assets as Bitcoin and other risk-on assets tumbled shortly after Trump took office, amid concerns that his economic policies would lead to higher prices and slower growth. Bitcoin nearly broke $109,000 the day of Trump’s inauguration, setting a new all-time record. Trump’s crypto-friendly administration has ratcheted back regulation, honoring a campaign promise.But until recently, BTC’s performance has correlated more to tech stocks than risk-off assets such as gold, falling below $75,000 earlier this month. Analysts have differed on whether this trend will continue. Edited by