Institutional Bitcoin ETF Inflows Rebound Sharply

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By Jason Walker

Institutional investment vehicles focused on Bitcoin experienced a noteworthy turnaround on April 17, 2025, signaling a potential resurgence in confidence. After facing consistent withdrawals, U.S. spot Bitcoin exchange-traded funds (ETFs) recorded substantial positive flows, suggesting that institutional players might be re-evaluating their positions amidst a relatively flat market price environment.

Bitcoin ETF Inflows Rebound

Data sourced from Farside Investors indicated a significant shift for U.S. spot Bitcoin ETFs on April 17th. The collective net inflow reached $106.9 million for the day. This marks a considerable recovery from the previous day, April 16th, which saw net outflows totaling $171.1 million.

The primary drivers behind the positive momentum on April 17th were:

ETF Provider Ticker Net Inflow
BlackRock IBIT $81 million
Fidelity FBTC $25.9 million

Notably, several other prominent spot Bitcoin ETFs, including those managed by Bitwise, Ark, Invesco, Franklin, Valkyrie, VanEck, WisdomTree, and Grayscale, reported zero net flows for the day. This concentration of inflows into specific funds like IBIT and FBTC highlights where new institutional capital was directed.

Ethereum ETFs Remain Static

In stark contrast to the activity surrounding Bitcoin ETFs, spot Ethereum ETFs in the U.S. registered zero net flows on April 17th. This stagnation followed a day of net outflows, where $12.1 million exited these funds on April 16th.

The lack of movement in Ethereum ETFs could suggest a different sentiment or strategy among investors focused on the second-largest cryptocurrency. It might point towards a period of observation or caution regarding Ethereum-based investment products, while Bitcoin ETFs regain favour. This divergence underscores potentially shifting investor perceptions influenced by market dynamics or broader economic factors.

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