Nine straight days of inflows signal steady institutional demand for U.S. spot Bitcoin ETFs
- U.S. spot Bitcoin exchange-traded funds posted a ninth straight trading day of net inflows on Friday, extending a buying streak that has run through late April as bitcoin held near $78,000. - Thursday’s haul reached $223.2 million, led by BlackRock’s iShares Bitcoin Trust at $167.5 million, pushing the prior eight-day run above $2 billion even with outflows from Fidelity and Bitwise. - The streak follows March’s first positive month for U.S. spot Bitcoin funds since October, after heavy early-2026 withdrawals reversed as prices stabilized. (coindesk.com)
U.S. spot Bitcoin exchange-traded funds stretched their inflow streak to nine straight trading days at the end of April, reinforcing a steady bid from regulated investment vehicles as bitcoin traded around $78,000. (theblock.co 1) (theblock.co 2) By Thursday, April 24, the group had added $223.2 million in one day, according to SoSoValue data cited by The Block. BlackRock’s iShares Bitcoin Trust led with $167.5 million, while funds from Ark Invest/21Shares, Morgan Stanley and Grayscale also posted gains. (theblock.co) The same report said Fidelity, Bitwise and VanEck recorded roughly $30 million of combined outflows that day, but the broader complex still logged more than $2 billion across the first eight days of the streak. (theblock.co) Earlier in the month, the funds had already shown a sharper turn in demand. On April 7, U.S. spot Bitcoin exchange-traded funds pulled in $471.3 million, their biggest one-day inflow since February 25, with BlackRock taking $181.9 million and Fidelity adding $147.3 million. (theblock.co) That rebound followed a weak start to 2026. CoinDesk reported on April 1 that March was the first month of net inflows for U.S. spot Bitcoin funds since October, after earlier 2026 outflows had pushed year-to-date flows into negative territory. (coindesk.com) Bitcoin’s price has not matched the scale of the fund buying. The Block said the cryptocurrency was up about 10% over the prior 30 days and trading near $78,000, still well below its roughly $126,000 peak from October 2025. (theblock.co) The wider market backdrop has stayed mixed. The Block said bitcoin dominance climbed above 60% for the first time in 2026 even as analysts pointed to geopolitical and macroeconomic headlines, including U.S.-Iran tensions, as a cap on risk appetite. (theblock.co) Crypto fund data beyond the U.S. exchange-traded funds also turned positive in April. Decrypt, citing CoinShares, reported that bitcoin investment products absorbed $1.12 billion in the week ending April 20, lifting year-to-date inflows for those products to $3.1 billion. (decrypt.co) For now, the clearest signal is not price momentum but persistence. After months of withdrawals, the late-April streak shows buyers are still using U.S. spot Bitcoin funds as their main entry point even with bitcoin stuck below its 2025 high. (theblock.co)
