Major Bitcoin ETF Issuers Snap Up $220M in BTC Despite Market Drop

YEREVAN (CoinChapter.com) — Major Bitcoin ETF issuers acquired $220 million worth of BTC on April 3, according to data from Arkham Intelligence and SoSo Value. The inflow happened during increased market volatility and global economic concerns. Despite Bitcoin’s unstable price over recent days, top ETF firms including Grayscale, Fidelity, and Ark Invest continued accumulating Bitcoin.

Arkham Intelligence reported that wallets linked to these ETF issuers showed significant onchain activity. The firm confirmed multiple large transactions that align with known addresses used by Grayscale, Fidelity, and Ark Invest. Arkham also shared on social media,

“Donald Trump just tariffed the entire world. So? Grayscale is buying Bitcoin, Fidelity is buying Bitcoin, Ark Invest is buying Bitcoin.”

The statement followed Trump’s announcement of higher-than-expected tariffs, which came after the U.S. stock market had closed.

BTC Inflows Remain Strong Despite Market Reactions

Bitcoin ETF inflows reached $220 million on April 3, as recorded by SoSo Value. This amount was notable, especially considering that traditional markets were experiencing wider liquidations at the same time. The inflows occurred just before Trump’s tariff announcement, which added to existing recession fears and global market pressure.

While it is not yet clear how April 4 performed, the previous day’s data shows strong institutional positioning. Retail markets reacted more sharply to the economic headlines, but the ETF issuers appeared to maintain or increase their holdings. Bitcoin’s price fluctuations over the last two days did not lead to outflows in the ETF space.

Arkham Intelligence Highlights ETF Wallet Activity

According to Arkham Intelligence, wallet activity showed that large amounts of BTC moved into addresses linked to ETF issuers. These included multiple seven-figure BTC transactions from cold storage.

Arkham’s tracking tools connected this behavior to wallets previously identified as belonging to Grayscale, Fidelity, and Ark Invest. Although the platform did not confirm exact BTC figures for each issuer, the movement patterns pointed to coordinated accumulation.

The Bitcoin long short ratio also shifted during this period. Coinglass reported that the ratio moved from 0.94 last week to 1.0 on April 4. A ratio of 1.0 means long and short positions are now balanced across the market. Previously, 48.5% of traders held long positions while 51.5% were short. The new figures show a small rise in long positions, now at 50.5%, with 49.5% short.

This balance in derivatives positioning may reflect a pause in sentiment shifts. While the ETF inflows continued, traders in the derivatives market appeared to adopt a neutral stance. The adjusted long short ratio indicates reduced bearish pressure compared to the prior week.