Bitcoin (BTC) exchange-traded products (ETPs) post over $3 billion in inflows this week

In a striking turnaround after weeks of turbulence, U.S. Spot Bitcoin [BTC] ETFs have staged an impressive comeback, posting over $3 billion in inflows this week alone.

U.S. Spot Bitcoin (BTC) ETFs have staged a striking turnaround after posting over $3 billion in inflows this week alone, according to SosoValue data.

These exchange-traded products collectively recorded $3.06 billion in inflows by the 26th of April, marking their first consecutive weekly gains since late March.

The latest surge stands in sharp contrast to the heavy outflows seen earlier this month, including a staggering $713.30 million in withdrawals by the 11th of April.

While inflows of $172.69 million were noted the following week, this latest milestone signals a significant shift in investor sentiment.

Notably, the last time U.S. Bitcoin ETFs experienced back-to-back weekly inflows was during the week ending the 28th of March, when they captured $196.48 million.

The current momentum not only highlights renewed confidence in Bitcoin-focused investment vehicles but could also set the tone for broader market recovery.

The surge in Bitcoin ETF inflows appears to mirror the broader bullish sentiment sweeping across the crypto market.

As major cryptocurrencies continue to rise, fueled by optimism and a potential wave of institutional adoption, interest in Bitcoin ETFs appears to be heating up once again.

The asset climbed to $94,197.02 following a modest 0.50% increase over the past 24 hours, according to CoinMarketCap.

Impressively, the asset has surged nearly 11% over the past week, pushing closer to the critical $94K mark.

This strong price action has not only invigorated Bitcoin holders but has also fueled optimism across major altcoins like Ethereum (ETH), Ripple (XRP), and Solana (SOL), each recording gains of around 2%.

In fact, data from Farside Investors revealed that spot Bitcoin ETFs attracted a staggering $442 million in inflows on the 24th of April alone.

BlackRock’s iShares Bitcoin Trust (IBIT) contributing an impressive $327.3 million to the total.

This marks an uninterrupted streak of positive flows since the 17th of April, highlighting a renewed wave of institutional confidence.

Further reinforcing the bullish sentiment, U.S. spot Bitcoin ETFs collectively recorded a net inflow of 11,898 BTC in a single day, the largest since the 11th of November 2024.

Therefore, as Bitcoin’s momentum accelerates, the growing institutional participation could signal the beginning of a much stronger and more sustained rally across the broader crypto market.