Spot Bitcoin ETF attracts nearly $1 billion in a single week, driven by a rebound in risk appetite and capital inflows

robot
Abstract generation in progress

Crypto Mars News: On April 18, spot Bitcoin ETFs recorded approximately $996 million in net inflows last week, marking the strongest weekly performance in three months and indicating a significant rebound in market risk appetite. Specifically, last week saw an accelerated pace of capital inflows: a single-day inflow of $664 million on Friday, the highest for the week; inflows of $412 million and $186 million on Tuesday and Wednesday respectively; a slowdown to $26 million on Thursday; and a net outflow of about $291 million on Monday. As of Friday, the total assets of spot Bitcoin ETFs have surpassed $101 billion, with daily trading volume approaching $4.8 billion. Market analysis suggests that the capital rebound mainly stems from easing geopolitical risks, especially the de-escalation of US-Iran tensions and the resumption of navigation through the Strait of Hormuz, which weakened demand for traditional safe-haven assets like the US dollar, thereby driving funds into crypto markets and other risk assets. Structurally, Bitcoin remains in a range-bound phase, with resistance around $75k and support near $72k. The market is currently in a “liquidity reallocation” stage and has not yet formed a clear trend.

BTC-2.1%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin