Spot Bitcoin ETFs keep drawing inflows

U.S. spot Bitcoin exchange-traded funds logged a sixth straight day of net inflows on April 22, extending a buying streak as Bitcoin traded around $78,000. (farside.co.uk) Farside Investors’ daily table shows $85.0 million of net inflows on April 22, after $11.8 million on April 21 and $238.4 million on April 20. The same table shows a $663.9 million surge on April 17, the biggest single day in the current run. (farside.co.uk) CoinMarketCap reported on April 23 that spot Bitcoin exchange-traded funds brought in about $1.8 billion of net inflows across the past three weeks, while Bitcoin changed hands at $78,015 early Wednesday. The article also said the broader crypto market rose about 2.3% over 24 hours. (coinmarketcap.com) A spot Bitcoin exchange-traded fund is a stock-market vehicle that holds Bitcoin directly, letting investors buy shares through a brokerage account instead of handling coins and wallets themselves. The Securities and Exchange Commission approved the first U.S. spot Bitcoin exchange-traded products on January 10, 2024. (investor.gov, sec.gov) That structure has pulled Bitcoin demand into regulated fund plumbing run by firms such as BlackRock, Fidelity and Grayscale, with flows reported each trading day like other exchange-traded products. Farside’s cumulative table shows BlackRock’s IBIT with $64.9 billion of net inflows since launch, while Grayscale’s GBTC still shows $26.2 billion of cumulative net outflows. (farside.co.uk) The split helps explain why traders watch fund flows as closely as the coin’s price. CoinMarketCap cited Zeus Research analyst Dominick John saying the latest move combined easing geopolitical pressure, strong exchange-traded fund demand and short-covering after Bitcoin broke above $75,000. (coinmarketcap.com) The backdrop inside crypto’s native plumbing looks different. The Federal Bureau of Investigation said North Korea was responsible for the theft of about $1.5 billion in virtual assets from Bybit on February 21, 2025, and Bybit said the loss from the compromised Ethereum cold wallet was about $1.46 billion. (ic3.gov, learn.bybit.com) New losses have piled up this month. CoinDesk reported on April 21 that Arbitrum’s Security Council froze 30,766 ether tied to the Kelp DAO exploit, worth about $71 million, after an attack that followed the minting of unbacked rsETH. (coindesk.com) BeInCrypto reported on April 20 that crypto hack losses reached $606 million in April 2026, making it the worst month since February 2025, with KelpDAO and Drift among the biggest incidents. That leaves Bitcoin’s latest rally leaning on exchange-traded fund demand in traditional markets even as parts of decentralized finance keep dealing with security failures. (beincrypto.com)