Bitcoin ETFs See $108M Inflow Led by BlackRock

• Bitcoin ETFs saw $108M in net inflows on April 17.
• BlackRock’s IBIT led with nearly $81M inflow.
• All spot Ethereum ETFs recorded zero flows.

Bitcoin ETFs Attract Strong Inflows

On April 17, U.S. spot Bitcoin ETFs recorded a solid $108 million in total net inflows, reinforcing investor interest in the crypto asset amid recent market volatility. The standout performer was BlackRock’s iShares Bitcoin Trust (IBIT), which brought in a massive $80.96 million in a single day—the highest among all Bitcoin ETFs.

These inflows signal renewed confidence in Bitcoin as a long-term asset, especially through regulated investment vehicles like ETFs, which offer traditional investors easier access without dealing with private keys or exchanges.

BlackRock’s IBIT Dominates ETF Activity

BlackRock’s strong position in the ETF market continues to pay off. Its IBIT fund has consistently led the pack in terms of daily inflows since its launch earlier this year. The $81 million inflow on April 17 alone accounted for nearly 75% of the day’s total net flows into Bitcoin ETFs.

BlackRock’s dominance reflects not only institutional trust in the asset class but also the credibility it brings to crypto investment products. With IBIT, investors are clearly favoring a name they know in a relatively new space.

Ethereum ETFs Stay Silent

While Bitcoin ETFs were buzzing with capital movement, the same can’t be said for Ethereum ETFs. All nine U.S. spot Ethereum ETFs recorded zero net flows on April 17—neither inflows nor outflows. This stark contrast may suggest a cooling interest in ETH-based products or uncertainty around Ethereum’s short-term performance and future ETF approvals.

As regulatory developments and market narratives continue to shift, it remains to be seen whether Ethereum ETFs will catch up in momentum, or whether Bitcoin will continue to dominate institutional crypto allocations for the foreseeable future.