Bitcoin ETF Inflows Skyrocket 500x, Breaking 2025 Trends
U.S.-based spot Bitcoin exchange-traded funds (ETFs) witnessed a staggering $912 million in inflows on April 22, marking a seismic shift in institutional sentiment toward Bitcoin.
The daily inflow was more than 500 times the network’s average for 2025, which is around 23 BTC ($2.1 million) as of now, as per on-chain analytics firm Glassnode. Daily average inflows into the ETFs have remained around 1,031 BTC since their inception in January 2024–more than eleven times the historic norm.
According to Glassnode in an analysis shared on X (previously Twitter), this was “a significant deviation from the norm” and an indicator of renewed investor confidence in what the firm described as a “significant inflow”.
Bitcoin ETF Inflows Spark Price Rally
The connection between ETF activity and market momentum is reinforced by the fact that the surge in capital comes at the same time as Bitcoin rallies to its highest price levels since early March. The inflows were strong enough, and exogenous enough, to spark a spike BTC/USD. It seems mostly institutional appetite plays when it comes to the spot market.
The development was described in pretty clear terms by Bloomberg ETF analyst Eric Balchunas. “The spot Bitcoin ETFs went Pac-Man mode yesterday,” he said. However, he noted that BlackRock’s iShares Bitcoin Trust (IBIT) was not the only fund on a buying spree, as inflows were now being distributed across 90% (by trading value) of its 11 active ETFs.
Asset manager Bitwise’s Head of Research for Europe Andre Dragosch stressed the significant importance that these funds play now for the crypto ecosystem. Echoing Glassnode, he also noted that Bitcoin has turned into the marginal buyer since Jan 2024; referring to data which shows a sudden spike in bitcoin ETF driven demand.
“The can actually determine whether you see negative or positive net buying volumes on BTC spot exchanges.”
In a year of volatility when sentiment swooned in waves of bullish surges and wide outflows, the April 22 inflows land after a long time. The latest activity indicates that institutional investors may be getting ready for anticipated macroeconomic gains or regulatory twists, or leaning on Bitcoin as a hedge to the persisting inflationary concerns.
