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2025-04-23
11:39
Spot Bitcoin ETFs Surge: $1.2B Inflows in a Week - A Bullish Indicator for Traders

According to Eric Balchunas, spot Bitcoin ETFs experienced a significant inflow of $936 million yesterday and $1.2 billion over the week, indicating strong market activity. Notably, 10 of the 11 original ETFs also saw cash inflows, suggesting a broad-based demand beyond the $IBIT, which typically accounts for 90% of such activity. This diversification in fund inflows highlights a robust depth in market interest, potentially signaling a bullish trend for Bitcoin prices, which surged to $93.5k [source: Eric Balchunas].

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