Bitcoin ETFs See Biggest Net Inflows in 3 Months | ETF News

by

Guess what, Bitcoin ETFs just had their best day in, like, forever. Oh, and it’s the biggest single-day cash dump in over three months! Monday saw over $380 million pouring in, and it wasn’t even a holiday. Guess who’s back? Institutional investors. They’re like the cool kids who disappeared for a while, but now they’re showing up at the party and bringing gifts. Lucky us.

That huge money splash? It’s a signal that those institutional types are all-in on Bitcoin again, just after a long and rather dull ‘meh’ phase. Like when you’re waiting for your favorite show to get good again… well, this is the good part. 🤑

Bitcoin ETFs Are Rolling in It – $381 Million to Be Exact

Yes, you read that right: a cool $381.40 million just flowed into Bitcoin ETFs. I mean, it’s been a hot minute since we saw this kind of cash injection – almost 13 weeks, to be precise. It’s almost like a crypto version of ‘The Return of the Jedi.’ We weren’t sure it was coming, but now that it is, we’re all in.

It’s clear: institutional investors are getting their Bitcoin groove back. They’re diving in with more enthusiasm than a kid in a candy store (and probably just as excited). 💸

And hey, Ark Invest and 21Shares? They’re sitting pretty with $116.13 million of that sweet, sweet money. In total, ARKB’s now up to $2.60 billion in inflows. No big deal. Meanwhile, Fidelity’s ETF is chilling in second place with $87.61 million. Its cumulative inflows have hit a mind-boggling $11.37 billion. You know, casual.

Investor Confidence Is Back, Baby!

Bitcoin’s price has gained a humble 1% in the last 24 hours. But hey, don’t let the modesty fool you. It’s like when you’re trying to play it cool but secretly thriving. This little price bump has made people scramble to buy futures, and the open interest in Bitcoin’s futures market is now sitting pretty at $58.46 billion, which is up 5% in the last day.

If you don’t know what open interest is, here’s the lowdown: It’s the total number of contracts (like futures or options) that haven’t been closed or settled yet. When BTC’s open interest rises along with its price, it’s like everyone’s jumping back into the pool. And trust me, everyone’s diving in for the long haul. This is a major “bullish” signal. 🐂

Oh, and if you’re wondering about BTC’s funding rate, it’s positive! At 0.0068%, to be exact. So, in case you’re not paying attention, the market’s saying “We trust you, Bitcoin. Keep doing your thing.” When the funding rate is positive, it means long traders are paying short traders, which is like the market saying, “Yep, we think BTC’s going up, and we’re putting our money where our mouth is.”

And just to add some extra sparkle, the demand for call options in the BTC market is soaring. The put-to-call ratio is now at 0.71, meaning there are way more people betting on Bitcoin going up than going down. Basically, investors are more confident than ever that Bitcoin’s got a bright future ahead. Time to crack open the champagne, folks. 🍾

So, yeah, if you weren’t paying attention before, now’s the time to start. The institutional crowd’s back, the funding rate is on fire, and everyone’s getting into Bitcoin’s future. You might want to join them… or just sit back and watch the chaos unfold. Your call.

Read More

2025-04-22 09:43