PiCK

U.S. Spot Bitcoin, Ether ETFs Post Biggest Weekly Inflows Since Mid-January

Source
Suehyeon Lee

Summary

  • U.S. spot Bitcoin ETFs recorded $996.38 million in net inflows from April 13 to April 17, the largest since mid-January.
  • U.S. spot Ether ETFs also posted $275.83 million in net inflows over the same period, the biggest since mid-January.
  • The latest inflows were attributed to a recovery in institutional demand, improving risk appetite across broader markets, and Bitcoin's rebound above $75,000.

Forecast Trend Report by Period

Loading IndicatorLoading Indicator
Photo: SoSoValue
Photo: SoSoValue

U.S. spot Bitcoin and Ether exchange-traded funds both posted large weekly net inflows.

SoSoValue data released April 19 showed U.S. spot Bitcoin ETFs recorded net inflows of $996.38 million during the April 13-17 period, the largest weekly intake since mid-January. U.S. spot Ether ETFs drew net inflows of $275.83 million over the same period, ასევე marking their biggest weekly inflow since mid-January.

The inflows reflect a recovery in institutional demand and improved risk appetite across broader markets. Bitcoin's rebound above $75,000 last week for the first time in about a month also helped fuel inflows into ETFs.

Suehyeon Lee

Suehyeon Lee

shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
hot_people_entry_banner in news detail bottom articleshot_people_entry_banner in news detail mobile bottom articles
What did you think of the article you just read?




PiCK News

Trending News