Spot Bitcoin ETFs Record Highest Daily Inflow Since January

• US spot Bitcoin ETFs saw $381.40 million in inflows on April 21, the most significant one-day surge since January.

• The spike came as political drama and trade fears rattled traditional markets.

• Ethereum, by contrast, continues to struggle — with eight weeks of ETF outflows and nearly $1 billion in redemptions.

U.S.-listed spot Bitcoin ETFs just had their best day in nearly three months. On April 21, these funds attracted a whopping $381.40 million in new money, the highest daily total since late January.  data from SoSoValue revealed ARK 21Shares Bitcoin ETF (ARKB) led the charge with $116.13 million inflows, followed by Fidelity’s FBTC, which pulled in $87.61 million. Even Grayscale’s GBTC, which had been losing investors for months, saw a positive reversal with $36.60 million coming in.

It’s a clear sign that institutional investors — the big players on Wall Street — are moving back into Bitcoin. The timing is no coincidence. Just days earlier, Donald Trump publicly attacked Fed Chair Jerome Powell, where he called for Powell’s removal and criticized him for delaying interest rate cuts. That post on Truth Social sent shockwaves through markets, and crypto may benefit from the fallout.

This ETF surge isn’t happening in a vacuum. Trump’s push to fire Powell has sparked real concern about the Fed’s stability, and ongoing U.S.-China trade tensions have only added fuel to the fire. Investors are looking for something solid — and this week, that was Bitcoin.

Ethereum Left Behind as Bitcoin Steals the Spotlight

Not everything in crypto is getting love right now. While Bitcoin ETFs are raking in cash, Ethereum (ETH) ETFs are still bleeding, with another $25.4 million outflows on the same day. That makes eight straight weeks of losses, adding up to $910 million in redemptions since February, based on SoSoValue data.

The split between Bitcoin and Ethereum is getting clearer by the day. Bitcoin is treated like digital gold — something to hold during uncertain times — while Ethereum struggles to convince investors it offers the same safety.

Meanwhile, trading indicators are flashing green for Bitcoin. Futures activity is heating up, and funding rates are rising — all signs that the market thinks Bitcoin’s run could continue.

ARKB has now accumulated over $2.6 billion worth of Bitcoin through investor purchases, while BlackRock’s IBIT pulled in another $41.6 million. These aren’t quick trades. This is long-term positioning from firms that usually play it safe. And the timing couldn’t be more telling. Instead of panicking during a rough week for stocks, these big players doubled down on Bitcoin. That speaks volumes.

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