Bitcoin (BTC) exchange-traded funds (ETFs) popularity continues to rise

The popularity of Bitcoin (BTC) exchange-traded funds (ETFs) continues to increase, with new investments of almost $4 billion into these ETFs in eight successive trading days, recent data shared by top Bloomberg financial analyst James Seyffart has shown.

Seyffart explained that the updated Bitcoin ETF chart suggests that there's a consistent and huge demand for these investment vehicles. According to the chart, there’s been a notable upward trend in the cumulative flow of funds into these ETFs in recent weeks.

Earlier this week, Seyffart noted that the Bitcoin ETFs have taken in nearly $4 billion on 8 consecutive days of inflows.

According to Seyffart’s calculations, the updated Bitcoin ETF chart suggests that the total net flow into these ETFs is about $38.52 billion as of April 28, 2025.

The net flow is the total amount of inflows into these funds after deducting the outflows. The addition of about $4 billion in eight successive trading days is also proof of strong and sustained investor confidence in this cryptocurrency as an asset class.

Usually, these sustained fund inflows into these investment vehicles have a positive effect on BTC’s price. As these ETFs purchase BTC to cope with investor demand for their shares, it leads to increased buying pressure in the market.

However, other factors will also affect BTC's price movements. Earlier today, U.Today reported that popular investment manager Grayscale has launched an ETF for companies that hold Bitcoin.