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700M Capital Support—Bitcoin ETF Sets New Record for Fundraising Ability

Recently, Bitcoin (BTC) funds attracted over $700 million, demonstrating strong institutional demand for cryptocurrencies. Last week, investors injected $858 million into crypto funds issued by asset management firms including BlackRock and 21Shares, continuing a five-week inflow trend and reaching the highest weekly total since late April. Year-to-date, Bitcoin fund inflows have totaled $4.9 billion. Analysts say that as market sentiment improves, Bitcoin prices are expected to continue rising, breaking through the key resistance level of $82,000.

This wave of capital inflow is mainly driven by the following factors:

‌Mature operation of spot ETFs‌: Since the SEC approved Bitcoin spot ETFs in the U.S. in 2024, giants like BlackRock (IBIT) and Fidelity have entered the market, enabling institutional funds to allocate large amounts of BTC through compliant channels. In April 2026 alone, U.S. spot Bitcoin ETFs saw a net inflow of $1.97 billion, setting a new high for the year.

‌Improved policy expectations‌: Progress in legislation related to the Clarity Act boosted market confidence, especially the proposed stablecoin regulation compromise by Senators Tillis and Alsobrooks, easing tensions between the banking sector and the crypto industry, and increasing institutional participation willingness.

‌Macroeconomic environment support‌: Concerns over global inflation and geopolitical uncertainties have led institutions to view Bitcoin as “digital gold” for asset hedging, with its strategic role similar to gold gradually gaining acceptance.

‌Technical breakthrough signals‌: BTC price has surpassed the critical $80,000 level and tested the $82,000 resistance zone multiple times. On May 6, it briefly broke through $82,300, forming a weekly bottom structure that attracted trend-following capital.

The impact on the crypto market is reflected in:

‌Market structure optimization‌: Perpetual contract funding rates have shifted from negative to neutral, releasing short-term pressure, and leverage levels are becoming healthier;

‌Confidence transfer to altcoins‌: Projects like SUI have risen alongside ecosystem developments, indicating a rebound in market risk appetite;

‌Stable holdings among long-term holders‌: On-chain data shows that whales and miners are gently releasing pressure, supporting a continued bullish trend.