U.S. Bitcoin ETFs Resume Inflows With $422.5 Million Led by BlackRock After April $56.3M Outflows and BTC Near $97,000

By: defi news|2025/05/02 21:00:04
0
Share
copy
U.S. Bitcoin exchange-traded funds (ETFs) experienced a break in their eight-day inflow streak on April 30, 2025, with $56.3 million in outflows, attributed in part to investor caution ahead of GDP and PCE data releases. Despite this, April saw a total inflow of approximately $2.96 billion into Bitcoin ETFs, with holdings increasing by 32,521 BTC to a record 1,337,814 BTC valued at $128 billion, representing 6.4% of all Bitcoin ever to exist. The U.S. market dominates with an 87% share of global Bitcoin ETF holdings. On May 1, Bitcoin ETFs returned to net inflows, gaining $422.5 million, led by BlackRock, which accounted for $351 million of the inflows and has maintained a 13-day streak of buying 37,000 BTC. This renewed inflow coincided with Bitcoin prices hovering just below $97,000 and the cost basis ribbon for short-term holders indicating a return to profitability, signaling potential positive market momentum. Meanwhile, Ether (ETH) ETFs showed weaker performance, with continued net outflows on May 1, despite a $6.5 million inflow on the same day and ETH prices holding above $1,800. Fidelity has been the main buyer in ETH ETFs recently, while Grayscale has seen notable sell-offs. The slight outflow on April 30 and early May was linked to investor caution around economic data, but inflows resumed as prices recovered, with BlackRock playing a key role in sustaining ETF demand.This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz.To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

-- Price

--

You may also like

Former ByteDance employee's account: How I started with two Pinduoduo hard drives and made six times the profit with Seagate to achieve financial freedom?

A programmer from a big tech company bought hard drives on Pinduoduo and, following clues, managed to accurately capture the sixfold rising stock Seagate using the "finding daily anomalies + 13F institutional verification" framework, making a wild profit of $400,000 and achieving financial freedom.

Visa and Mastercard join 140 giants to launch a new stablecoin, but the impact on the market landscape may still be limited

As an important milestone event in the stablecoin landscape, OUSD is likely to change the existing stablecoin landscape and significantly increase the adoption rate of stablecoins in the global financial system.

WEEX Launches Depth Chart for Spot Trading

WEEX Spot now supports Depth Chart, helping users visualize buy and sell orders, spot liquidity walls, and understand market depth more clearly before placing trades.

MiCA reshuffle begins, Binance temporarily bids farewell to the EU

What Binance leaves behind is not scattered retail investors, but a whole batch of high-value users who are forced to liquidate and have almost nowhere to go.

Raising interest rates to protect STRC and selling coins to maintain credit, this time the strategy has chosen the two most expensive paths

The rebound in BTC prices can make all problems simple.

Morning Report | Samsung announces a 265.5 trillion won investment plan, focusing on semiconductor and AI computing power data centers; Vitalik publishes an article detailing the entire technology tree behind the confusion protocol (iO) mainline

Overview of Important Market Events on June 29

Contents

Popular coins

Latest Crypto News

Read more
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com