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Bitcoin ETF Sees Nearly $1 Billion Inflows as BTC Crosses $93k

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On April 22, 2025, Bitcoin spot ETFs recorded a cumulative net inflow of $936 million, marking the third consecutive day of positive flows.

Concurrently, Ethereum spot ETFs collectively witnessed a net inflow of $38.74 million, with none of the nine ETFs reporting net outflows. These inflows suggest a growing institutional conviction in these digital assets.

Bitcoin Regains Inflow Momentum

Data from the past few days also shows this trend. On April 21, 2025, BTC ETFs had a net inflow of $381.3 million, followed by $912.7 million on April 22, 2025. Both days had a 0% premium or discount, showing stable market conditions and real demand. The increasing net inflows over days show strong investor interest, which reflects positive feelings.

Notably, Open interest rose from around $7.6 billion to $8.1 billion, then decreased slightly to $7.9 billion. The market cap grew steadily from $1.76 trillion to $1.85 trillion, followed by a consistent rise in trading volume from $37.9 billion to $56.3 billion.

Compared to past times, BTC ETF inflows are now larger and more sustained. ETH ETFs are behind, suggesting a shift to Bitcoin as a safer asset. This shows a market preference for buying BTC over ETH.

Trading volume on the last day was over $57.661 billion, indicating significant market activity. Big players like BlackRock, Tether, and Galaxy are buying Bitcoin, along with good regulatory news and positive technical signs. This is sparking widespread hopes for prices above $100,000.

The apex coin dropped below $100,000 in early February, according to data from CoinGecko. It dropped to around $74,500 in April after worldwide tariffs led to a market decline. Currently, Bitcoin is trading at more than $93,556, showing it’s bouncing back to its peak.

BTC Accumulation Increases

In a recent event, Metaplanet, a Tokyo-based company, purchased 330 BTC, adding approximately $28.2 million to its holdings. This recent purchase moves the Japanese company closer to owning 5,000 BTC, solidifying its position as a major Bitcoin investor.

Metaplanet CEO Simon Gerovich said on X that the company bought the Bitcoin at an average price of $85,605 each. As of April 21, 2025, Metaplanet holds 4,855 BTC, purchased for approximately $414.5 million at an average price of $85,386 per BTC. This buying spree has been successful, with Metaplanet reporting a 119.3% profit in Bitcoin since the start of 2025.

Metaplanet’s regular Bitcoin purchases place it among other companies that view Bitcoin as a key asset. The company is following MicroStrategy’s plan by using a dollar-cost averaging approach.

The post Bitcoin ETF Sees Nearly $1 Billion Inflows as BTC Crosses $93k appeared first on Cointab.

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