Bitcoin ETF Sees $422M Inflow As BTC Eyes $100K
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The U.S. Spot Bitcoin ETFs rebounded on May 1 with a substantial net inflow of $422.5 million, indicative of a renewed surge in institutional interest.
According to data from Farside Investors, the U.S. Spot Bitcoin ETF market has experienced unprecedented growth, amassing a cumulative flow of $39 billion within a mere eighteen months.
Spot Bitcoin ETF Inflows Resurgence
Following a brief pause, the US spot bitcoin ETF surges back to life with $422 million inflows. BlackRock’s IBIT led the charge, attracting $351.4 million, while Fidelity’s FBTC and Bitwise’s BITB contributed $29.5 million and $38.4 million, respectively.
Notably, Grayscale’s GBTC recorded a modest $16 million inflow, contrary to its recent trend of consistent outflows, signaling a possible shift in investor sentiment.
On Wednesday, the market saw some worry, with $56.3 million leaving ETFs. This outflow on April 30 made people wonder if big investors were losing interest, possibly hurting the current rise.
But the crypto market stayed strong. Bitcoin’s price rose to $96,744, with highs of $97,360 during the day. This is the highest since February 22, showing Bitcoin is still growing.
The return of money into Bitcoin ETFs and the current price increase have brought back talk of Bitcoin reaching $100,000 soon. Continued interest from prominent investors, possibly more explicit rules, and more people using Bitcoin ETFs are all helping to push the price up. The money flowing in on May 1 suggests growing faith in Bitcoin’s future, despite uncertain rules and economic issues.
However, the Bitcoin order book shows a lot of activity, around $97,000, a key barrier. Experts say that if Bitcoin can get past this point, it could decide where the price goes next. If Bitcoin breaks through, $100,000 looks more likely. A report from Matrixport even hinted that Bitcoin could rise to $106,000 if it passes this vital barrier.
Experts’ Prediction
In a recent post on X, expert trader Peter Brandt shared his idea for Bitcoin’s (BTC) price. He thinks the apex coin could reach its highest point in August or September 2025. But, this only happens if Bitcoin can return to its old “broken curve.” Brandt says if this happens, Bitcoin could be worth between $125,000 and $150,000 in this market period.
However, some experts think this goal is too low because the cryptocurrency market is known to change quickly and grow a lot. Brandt also talked about what could happen after the price peak. He warned that the market could drop after reaching its highest point. He believes the price could fall a lot, maybe more than 50%, after reaching the peak.
Notably, according to a CoinTab report in March 2025, BitMEX co-founder Arthur Hayes thinks Bitcoin could hit $110,000 soon. This prediction was backed up by other experts who expect BTC to hit above $100,000.
The post Bitcoin ETF Sees $422M Inflow As BTC Eyes $100K appeared first on Cointab.
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