Bitcoin ETFs are back — and they’re on a serious roll.
In just one week, spot Bitcoin exchange-traded funds (ETFs) in the U.S. pulled in over $3 billion, marking the first full week of consecutive inflows in over a month!
According to Farside data, April 25 alone saw $380 million flow into the 11 spot Bitcoin ETFs, pushing the week's total past $3.06 billion. The last time we saw this level of momentum? March 21.
April’s Turnaround: From Red to Green
ETF analyst Eric Balchunas captured the moment perfectly on X (formerly Twitter):
> "ETFs are on a Bitcoin bender. It’s crazy how fast these flows can shift from first gear to fifth gear."
Balchunas suggested that the basis trade might be firing up again, helping fuel the rally.
While April started shaky — with nine out of 18 trading days showing outflows — this powerhouse week flipped the script. Net inflows for April are now sitting around $2.26 billion.
Big Names, Bold Predictions
Meanwhile, Bitcoin hype is heating up in the institutional world too.
At the Bitwise Invest Bitcoin Corporations Investor Day, MicroStrategy founder Michael Saylor made a bold claim:
> BlackRock’s iShares Bitcoin ETF will be the biggest ETF in the world within 10 years.
And it’s not just talk — BlackRock’s iShares Bitcoin ETF (IBIT) was recently crowned "Best New ETF" at the etf.com awards, also bagging "Crypto ETP of the Year."
Bitcoin Price and Sky-High Targets
Bitcoin’s price is hovering near the $95,000 mark, trading at $94,613 according to CoinMarketCap.
And the future outlook? Even bolder.
ARK Invest just raised its bull case target for Bitcoin to $2.4 million by 2030 — yes, you read that right!
Even their bear case now sits at $500,000, with the base case at $1.2 million.
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