Bitcoin ETFs See $3 Billion Surge as Crypto Recaptures Momentum

Tuesday, April 29, 2025


​Crypto investors are back—and they’re bringing big money with them.

Bitcoin and Ether ETFs attracted more than $3.2 billion in inflows last week, marking one of the strongest weeks since the U.S. presidential election. Leading the charge was BlackRock’s iShares Bitcoin Trust (IBIT), which pulled in nearly $1.5 billion alone, its biggest inflow this year.

Other heavy hitters followed: ARK 21Shares Bitcoin ETF drew in $620 million, while Fidelity’s Wise Origin Bitcoin Fund added about $574 million. Even Ether products saw their first net inflows since February, signaling a broad resurgence in crypto appetite.

Bitcoin itself rallied 10% to around $94,000, its best weekly gain since Trump’s 2020 election. Crypto bulls credit a few key forces: cooling tariff tensions, a rebound in risk assets, and Bitcoin’s emerging reputation as a digital safe haven amid market volatility.

Analysts at eToro noted that with gold hitting record highs, Bitcoin’s scarcity narrative is back in full swing. “Investors could be seeing Bitcoin as a digital-gold alternative,” said Simon Peters.

Meanwhile, Trump’s embrace of crypto is stoking optimism. He’s even set to host a dinner for holders of his Trump-themed memecoin, boosting sentiment around the space.

Still, some of the long-term projections sound lofty. Bitcoin bull Michael Saylor predicts that IBIT could become the biggest ETF in the world within 10 years—a view met with skepticism given the Vanguard S&P 500 ETF’s $600 billion asset base compared to IBIT’s current $54 billion.

​Bottom line: Crypto’s comeback is real—and ETF flows show that investors are putting real money behind it. But with lofty expectations and volatility never far away, this rally could be just as explosive as the last one.