Bitcoin ETF witnessed a net inflow of $381.3 million on April 21, marking the largest single-day influx since January 30, when funds attracted $588.1 million. Despite the headwinds of traditional financial markets, the Bitcoin market has shown resilience and therefore has a surge.
ARK 21Shares Bitcoin ETF (ARKB) led the inflow of the day for $116.1 million, followed by Fidelity’s Wise Origin Bitcoin Fund (FBTC), up to $876 million. Grayscale’s products, including Bitcoin Trust (GBTC) and Bitcoin Mini Trust ETF (BTC), have attracted $69.1 million in new investments.
Strong ETF performance happened, while the U.S. stock market was under tremendous pressure, with the main index falling by about 2.5%. Meanwhile, Bitcoin has maintained earnings since Easter weekend, trading above $87,300.
The influx represents a change in momentum in Bitcoin ETFs, which have been relatively soft in activity in recent weeks. The previous peak in January coincided with Bitcoin trading above $100,000, before prices shrank after President Trump’s global tariff announcement.
Market indicators show that institutional optimism continues to grow, and Bitcoin futures show positive financing rates. The withdrawal ratio in the options market is above 0.50, indicating that traders prefer bullish positions than bearish traders.
BlackRock’s iShares Bitcoin Trust ETF (IBIT) is the largest asset management, recording a net inflow of $41.6 million. Some providers, including the Invesco Galaxy Bitcoin ETF (BTCO) and the WisdomTree Bitcoin Fund (BTCW), have no activity during this period.
The revival of ETF interest comes as Bitcoin experienced a daunting first quarter, hitting a 2025 low of $74,773 on April 7. Since then, Bitcoin has shown a significant recovery, with a total Bitcoin and crypto market capitalization reaching $2.84 trillion.
Strong inflows, especially during periods of weak traditional markets, show growing confidence among institutional investors in Bitcoin as a hedge. The performance of the ETF market shows that institutional sentiment may turn into Bitcoin despite traditional markets struggling to cope with ongoing economic uncertainty and geopolitical tensions.
