Bitcoin ETFs See Fifth Straight Day of Gains with $442M Inflows — Is $100K BTC Next?

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Amin Ayan

Crypto Journalist

Amin Ayan

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Amin Ayan is a crypto journalist with over four years of experience in the industry. He has contributed to leading publications such as Cryptonews, Investing.com, 99Bitcoins, and 24/7 Wall St. He has...

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April 24, 2025

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U.S. spot Bitcoin exchange-traded funds (ETFs) recorded $442 million in inflows on Thursday, marking the fifth consecutive day of positive momentum for the crypto investment vehicles.

BlackRock’s iShares Bitcoin Trust (IBIT) led the charge, attracting $327.3 million, according to data from SoSoValue.

Ark Invest and 21Shares’ ARKB followed with $97 million in net inflows, while Bitwise’s BITB and Invesco’s BTCO saw $10.2 million and $7.5 million, respectively.

Bitcoin ETF Inflows Slow but Signal Rising Institutional Confidence

Although Thursday’s inflows were smaller compared to the $916.9 million and $936.4 million recorded on Wednesday and Tuesday, the consistent streak reflects growing institutional confidence in Bitcoin amid volatile macroeconomic conditions.

Total trading volume across the 12 U.S.-listed Bitcoin ETFs dipped to $2 billion on Thursday, down from $4 billion the previous day.

The surge in ETF inflows comes as Bitcoin continues to hold firm despite global market uncertainty tied to U.S.-China trade tensions.

On Thursday, major U.S. stock indexes rallied, with the Nasdaq climbing 2.7%, the S&P 500 up 2%, and the Dow gaining 1.2%, as investors reacted to signs of easing tariff disputes.

Bitcoin is trading at $93,687 at press time, posting a 1.17% gain over the past 24 hours, according to data from CoinMarketCap. Ether also edged higher, rising 0.43% to $1,778.

Meanwhile, spot Ether ETFs rebounded with $63.5 million in net inflows on Thursday after experiencing $23.9 million in outflows the previous day.

Calls for $100K Bitcoin Increases

Bitcoin’s surge above $94,000 has sparked renewed enthusiasm among retail traders.

On-chain analytics firm Santiment highlighted a spike in fear of missing out (FOMO) among smaller investors, a behavior often seen near local market tops.

While Santiment acknowledged that Bitcoin could reach $100K soon, they cautioned that such milestones typically occur after market hype subsides.

As reported, Prince Filip Karađorđević of Serbia also believes Bitcoin is on the verge of a massive price surge, predicting an imminent “omega candle” rally that could push BTC well beyond $100,000.

In a recent interview, Prince Filip suggested that while certain market forces may currently be suppressing Bitcoin’s price, a breakout is inevitable.

Notably, as of April 23, 87.3% of Bitcoin’s circulating supply is in profit, up from 82.7% when BTC last approached $94,000 in March, according to Glassnode.

This rise suggests renewed accumulation during the recent market dip.

Historically, when over 90% of Bitcoin supply stays in profit, markets often shift into a euphoric phase.

With bullish sentiment growing and technical indicators aligning, Bitcoin is positioned for a potential push toward $100,000.