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US Spot Bitcoin ETFs Add $2.42B as Bitcoin Holds Near $78,000 After 38% Drop
US spot Bitcoin ETFs added $2.42 billion in net inflows between Apr. 6 and Apr. 22 while Bitcoin traded near $78,000, about 38% below its Oct. 6 peak. Gemini data show ETF-held Bitcoin fell from 1.38 million BTC at the October 2025 high to 1.28 million at the trough, then recovered to 1.31 million. Eric Balchunas said the selling pressure came from longer-tenured crypto holders rather than ETF buyers.