Spot Bitcoin ETFs See $335M Inflows as BTC Slips

US-listed spot Bitcoin ETFs extended their winning streak on Wednesday, recording $335.8 million in net inflows for their seventh consecutive day of positive flows, according to data from Fraside Investors. This sustained institutional demand reflects strengthening interest in Bitcoin products despite short-term price consolidation.

Seven-Day Inflow Streak Outpaces March Performance

Spot Bitcoin ETFs attracted approximately $1.9 billion over the current seven-session streak, significantly stronger than the previous seven-day run in March, which brought in about $1.2 billion. BlackRock’s iShares Bitcoin Trust (IBIT) remained the dominant force, pulling in $1.4 billion during the streak—more than 73% of all inflows. IBIT now holds approximately 809,870 BTC, representing about 62% of all assets held across US spot Bitcoin ETFs.

Morgan Stanley’s Bitcoin Trust (MSBT) added momentum with $95 million during the period and has yet to post a daily outflow since launching on April 8.

Bitcoin Price Action and ETF Holdings

Bitcoin has gained 11% over the past 30 days and recently reclaimed levels above $79,000 for the first time since late January. However, in the latest 24-hour session, Bitcoin showed consolidation, trading near $74,005, down 0.40% on the day after earlier volatility, according to CoinCodex. This mild pullback suggests short-term profit-taking even as the broader trend remains constructive.

Combined, US-listed spot Bitcoin ETFs now hold around 1.3 million BTC, worth approximately $103 billion.

Ethereum ETFs and Market Sentiment

Ethereum products are also seeing renewed interest, with US-listed spot Ether ETFs posting a 10-day inflow streak totaling $633.6 million.

Despite the rebound, sentiment remains somewhat cautious. The Crypto Fear & Greed Index recently rose to 46, its highest level since late January, but still sits in “fear” territory.

BTC-2.16%
ETH-3.55%
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L2AlleyRunner
· 04-25 14:06
The key is not just a one-day increase; seven consecutive days of attracting funds indicate that the position is gradually increasing its holdings, not short-term sentiment.
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椰子壳里装Alpha
· 04-24 11:34
Institutional entry is a positive for retail investors: volatility may become more controllable, and the narrative is also more "mainstream."
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QuietValidator
· 04-23 21:24
Continuous net inflow into ETFs = more stable buying pressure, but don't forget there may be profit-taking later, so don't go all-in blindly.
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Front-RunningArbitrage
· 04-23 13:36
Net inflow for 7 consecutive days, institutions are really voting with their feet in this wave.
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MirrorPetals
· 04-23 13:35
335.8M a day is quite impressive; the spot ETF channel is becoming smoother.
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GateUser-f4b3df7a
· 04-23 13:28
Spot ETFs "wrap" Bitcoin into traditional assets; as the barrier lowers, demand will gradually accumulate.
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FeeFiFoFum
· 04-23 13:27
I want to see if these inflows are concentrated in a few major ETFs. The structure explains the issue better than the total amount.
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LonelyStoneUnderTheAurora
· 04-23 13:23
If pensions, RIA, and similar start to become normalized in allocation, it is more meaningful than a one-time large influx.
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OnchainComplainer
· 04-23 13:20
I only care about two points in this kind of news: whether inflows can continue and whether the spot price has kept up; otherwise, it's just internal capital rotation.
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