Menu

Categories:

Hot right now:

Follow on:

Coinsurges provides coverage of fintech, blockchain, and Bitcoin, delivering the most recent news and analyses on the future of money. Stay up-to-date with live prices, charts, and trading options for the top exchanges. Keep track of the day's top cryptocurrency gainers and losers, as well as which coins have experienced gains and losses in the past 24 hours.
Trust Coinsurges as your go-to source for all news and updates in the industry.

Menu

Categories:

Hot right now:

Follow on:

Coinsurges provides coverage of fintech, blockchain, and Bitcoin, delivering the most recent news and analyses on the future of money. Stay up-to-date with live prices, charts, and trading options for the top exchanges. Keep track of the day's top cryptocurrency gainers and losers, as well as which coins have experienced gains and losses in the past 24 hours.
Trust Coinsurges as your go-to source for all news and updates in the industry.

Bitcoin ETF Inflows Hit $220M – Is a Massive Rally Incoming?

Share This Post

The post Bitcoin ETF Inflows Hit $220M – Is a Massive Rally Incoming? appeared first on Coinpedia Fintech News

The crypto market took a nosedive after Trump’s latest tariff announcement, wiping out a staggering $509 million. Bitcoin crumbled to $82,352, with traders scrambling to defend the $83K mark—only for it to slip again after briefly reclaiming $88K. It wasn’t just BTC feeling the heat. The entire crypto market shed 3.43%, with Ethereum plunging over 6% and Solana sinking 6.6%. Despite a slight bounce near $82K, the pressure remains high. 

While the crypto went haywire and lost in the tariff war, Bitcoin ETF inflows have roared back, with a net surge of $220 million as investors brushed off concerns about Trump’s reciprocal tariffs and took advantage of the BTC price dip. Fidelity’s FBTC and Ark Invest’s ARK dominated the inflows, while BlackRock’s IBIT witnessed outflows. Institutional demand is once again on the rise, fueling confidence in Bitcoin’s long-term potential.

Institutional Investors Step In

After a slow start to the week, inflows into spot Bitcoin ETFs rebounded strongly. On April 2, investors poured $220 million into Bitcoin ETFs, reversing early selloffs. Fidelity’s FBTC and Ark Invest’s ARK led with $119 million and $130 million in inflows, respectively. However, BlackRock’s iShares Bitcoin Trust (IBIT) faced significant outflows of $116 million. Despite the mixed market response, it appears that major players viewed the Trump tariffs as a “buy the dip” opportunity rather than a long-term risk.

Big Players Hoading More BTC

Institutions are doubling down on Bitcoin, with publicly traded firms now holding a massive 696,456 BTC. Just last week, eight companies added another 26,303 BTC to their stacks, showing growing confidence in Bitcoin’s long-term strength. Leading the charge are Michael Saylor’s MicroStrategy and Japan’s Metaplanet, both scooping up more BTC as they bet big on the crypto giant’s future.

Bitcoin’s Current Market Sentiment

Despite the positive ETF vibes, Bitcoin faced an intense bloodbath following Trump’s tariff announcement, plunging from $88,000 to $81,000. However, trading volume skyrocketed by 85%, reaching $54 billion, indicating investors are still interested. As of now, BTC is trading at $83,394, with a market cap of $1.65 trillion.

Find out the Key Trading Range

Meanwhile, Crypto analyst Ali Martinez has identified a key trading range between $86,900 and $84,800. He suggests that whichever side breaks first on the hourly chart could dictate Bitcoin’s next major move. With institutional players back in accumulation mode, the market is closely watching whether BTC will push past resistance or face another dip.

Overall, while Bitcoin’s price remains volatile, institutional investors seem unfazed by regulatory developments and continue to see BTC as a valuable long-term asset. The coming weeks will reveal whether this renewed confidence can push Bitcoin to new highs.

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

Trump Token Mania: Over 6,000% Pump Or Classic Solana Trap?

According to blockchain data, a new Solana token named Eric Trump shot up 6,200% in just 24 hours It sprang to life on May 16 via the Pumpfun launchpad and swelled to a market cap of 140 million

Ethereum and Solana Holders Take Profit, Investment Into Remittix Soars With Major Updates Near

This content is provided by a sponsor PRESS RELEASE Ethereum and Solana holders are enjoying solid profits this month, and many are now rotating those gains into a new project catching serious

Autonomous AI agents create new job opportunities

The following is a guest post and opinion of Zac Cheah, Co-Founder of Pundi AI The brouhaha over autonomous artificial intelligence (AI) agents taking up jobs and radically transforming industries

Bitcoin Mining Stocks Continue Rally as Applied Digital Leads Friday’s Gains

Bitcoin-mining stocks closed higher Friday, with Applied Digital Corporation jumping 2218% to top the leaderboard Bitcoin Miners Rally as Volatility Breeds Opportunity Applied Digital posted the

Ethereum Accumulation Accelerates – Smart Money Snaps Up 450K ETH

Ethereum is now at a pivotal moment following last week’s explosive rally that pushed prices above several key resistance levels After surging past $2,700, ETH has pulled back and is now

Cardano Market Structure Says Crash Is Coming, But $0.9 Is Still In The Cards

Cardano (ADA) is flashing mixed signals as its market structure hints at an imminent short-term price crash While bearish indicators suggest a possible decline, a crypto analyst reveals that the