Investor interest in crypto exchange-traded funds (ETFs) is surging again. On April 22, Bitcoin ETFs saw a massive $936 million in net inflows, the largest single-day total since the 2017 U.S. presidential inauguration. Ethereum ETFs also gained momentum, drawing $38.7 million in new capital.
🚀 BTC ETFs Lead With Weekly Inflows Over $1.3 Billion
Data from SosoValue confirms the spike, showing Bitcoin ETF inflows at $936.43 million for the day. This pushed weekly net inflows to $1.32 billion. As Bitcoin trades around $94,126, total net inflows across all BTC ETFs now stand at $36.69 billion, with $5.59 billion in total trading volume.
Despite market turbulence and a soft U.S. dollar, Bitcoin ETFs outperformed equities, especially during the Easter Monday session, where they added $381.4 million.
🥇 ARKB and FBTC Drive BTC ETF Growth
Among the top-performing funds:
- ARK 21Shares Bitcoin ETF (ARKB) led the day with $267.1M in inflows, bringing its net assets to $4.59B.
- Fidelity’s Wise Origin Bitcoin Fund (FBTC) followed closely with $253.8M and $18.16B in assets.
- BlackRock’s iShares Bitcoin Trust (IBIT) secured $193.5M, increasing its holdings to $52.7B, the largest among BTC ETFs.
- Bitwise’s Bitcoin ETF (BITB) added $76.7M, now managing $3.58B in assets.
However, WisdomTree’s BTCW and Hashdex’s DEFI reported no inflows, holding steady at $141.7M and $15.6M respectively.
🌐 Ethereum ETFs Attract $38.7M, Led by Fidelity
Though smaller in comparison, Ethereum ETFs also drew attention, pulling in $38.74 million on the same day.
- Fidelity’s FETH took the lead, gaining $32.65M and raising total net assets to $649.7M.
- Bitwise’s ETHW followed with $6.09M in inflows and $155.6M in assets.
Other Ethereum-focused ETFs, including Grayscale’s ETHE, BlackRock’s ETHA, and VanEck’s ETHV, recorded no new inflows.
💡 What This Means for Crypto Investors
These inflows signal renewed confidence in digital assets, especially as traditional markets show instability. The surge in ETF investments reflects both institutional adoption and retail enthusiasm. If momentum continues, it could pave the way for further price rallies in Bitcoin and Ethereum.
