The US Bitcoin ETFs (exchange-traded fund) experienced their biggest day of net flows since late January as the crypto market remained buoyant during Easter.
The 11 Bitcoins (BTC(-tracking of funds saw an joint net inflow According to CoinGlass, the ARK 21Shares Bitcoin ETF (ARKB) received $381.3 millions on April 21. This was largely due to an inflow of $116.1million into this ETF. data.
This is the biggest inflow for ETFs, since they had an $588.1 net combined inflow of the funds on January 30, just days after Bitcoin’s price peaked and reached six figures.
ETFs are struggling to sustain inflows amid US president Donald Trump’s rhetoric. trade war threats. CoinGecko shows Bitcoin hit its 2025 lowest of $74,773 in April, just days after Trump’s election. placed tariffs Stock markets fell in every country.
Fidelity’s Wise Original Bitcoin Fund (FBTC), with $87.6 millions, was the second largest inflow on April 21. The Grayscale Bitcoin Trust ETF and Bitcoin Mini Trust ETF of the company both saw net inflows totaling $69.1 million.
BlackRock’s iShares Bitcoin Trust ETF (IBIT), which is the biggest group of funds by assets under administration, had net inflows totaling $41.6m, or about half what it received before April 17 weekend trading.
Crypto stays afloat over long weekend
US markets were closed on Friday April 18, in honor of Good Friday, but they resumed trading Monday April 21. close in the red, with the S&P 500 down 2.4%, while the Nasdaq and the Dow Jones each dropped 2.5%.
Related: Bitcoin rally above $100K may follow US Treasury buybacks — Arthur Hayes
Crypto markets were also able to maintain gains over the weekend. The total market capitalization of the crypto sector increased by $800 billion during the 3-day holiday to $2.84 trillion.
Bitcoin’s price has helped to boost that figure, as it has now surpassed a value of 1.75 trillion dollars for the first since March 22, when its market cap was $1.75 billion. struck above $88,500The four-week record is a new high.
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Source: cointelegraph.com
