![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
Cryptocurrency News Articles
Bitcoin (BTC) Exchange-Traded Funds (ETFs) Continue Their Inflow Streak
Apr 29, 2025 at 02:44 pm
Bitcoin (BTC) exchange-traded funds (ETFs) continued their inflow streak on Monday
Bitcoin (BTC) exchange-traded funds (ETFs) continued their impressive run on Monday, adding more than $500 million in fresh capital and marking seven straight days of positive flows.
The sustained momentum comes amid a backdrop of surging investor interest in BTC exposure through regulated investment vehicles, even as broader markets experienced some turbulence.
BTC ETFs Faced Mixed Fortunes
On Monday, BTC spot ETFs attracted fresh demand, reporting $591.29 million in net inflows and extending their winning streak to a seventh consecutive day. This happened as the leading coin sought stable support above the $94,000 price.
Once again, BlackRock’s iShares Bitcoin Trust (IBIT) led the charge, boasting the largest inflow among its peers. The fund saw inflows totaling $970.93 million, bringing its total cumulative net inflows to $42.17 billion.
In contrast, ARKB, the BTC spot ETF managed by Ark Invest and 21Shares, faced the largest net outflow yesterday. On Monday, $226.30 million exited the fund. Despite this setback, ARKB’s total historical net inflow remains at $2.88 billion.
Rising Open Interest and Bearish Options Sentiment Set the Stage
Open interest across BTC’s futures market has risen by 2% over the past day, signaling an increase in outstanding futures contracts. The coin’s price has noted a modest 0.14% uptick during the same period.
A rise in open interest indicates that more traders are opening new positions rather than closing existing ones. This bullish signal can strengthen BTC’s price rally in the short term.
Meanwhile, as of this writing, BTC’s funding rate is 0%, indicating a balanced market between long and short positions. A neutral funding rate like this suggests no immediate dominance by bulls or bears in the coin’s perpetual futures market.
This reduces the likelihood of sudden liquidations, meaning any major price movement would likely need fresh momentum rather than being triggered by leverage-driven squeezes.
However, the sentiment among BTC options traders is clear. Today’s high demand for puts indicates a more cautious or bearish outlook among BTC options traders.
The growing interest in these bearish contracts suggests that many investors anticipate a potential pullback in BTC’s price, despite the recent inflows into Bitcoin ETFs.
Until a clear breakout or breakdown occurs, BTC may continue to consolidate within the narrow range.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
-
-
- SUI is in the spotlight following a sharp 58% monthly gain and a decisive move above $3.50
- Apr 29, 2025 at 11:20 pm
- The price breakout above $3.50 marks a critical turning point. The daily chart shows that SUI breached both the 200-day EMA and the 23.60% trend-based Fibonacci level at $3.30, validating the breakout.
-
-
-
-
-
- title: Most Promising Cryptos to Buy in 2025: BlockDAG, Avalanche, Arweave, Aptos Building Real Momentum
- Apr 29, 2025 at 11:05 pm
- The crypto market is waking up again, and many buyers are picking their favorites before the next big move. With tech rollouts, price rebounds, and growing presale action
-
-