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Published on 2025-04-30 | 6 hours ago
Bitcoin ETF Sees Record Inflows as BTC Price Targets $96K
US Bitcoin ETF is on fire again with BTC soaring to $95,000 on Tuesday and setting its sights on the $96,000 mark. What’s more, an exciting time is ahead for crypto enthusiasts as analysts are bullish about more upside for digital gold in the coming days.
Bitcoin ETF Inflows Surge
On Monday and Tuesday, the inflow into Bitcoin ETF stood at $591M and $172.8M, respectively. With BTC now hovering around 50% up year-to-date, markets are cautiously hoping for a breakout past the $96K mark.
Since last week, the surge in Bitcoin’s price has been accompanied by significant inflows. US Spot BTC ETFs have seen hundreds of millions of dollars in inflows recently, bringing total inflows to a record $39 billion since early 2025.
BlackRock’s iShares Bitcoin Trust (IBIT) led the inflows on Tuesday with $216 million, while all the other funds witnessed either negative or zero inflows. On average, nine of the ten U.S. spot ETFs have seen positive inflows in the last 20 days.
Grayscale’s Bitcoin ETF GBTC has seen a modest $69.9 million outflow, continuing its slow bleed post-conversion, as per the data from Farside Investors.
Bitcoin Price To Shoot Up?
Meanwhile, macro sentiment is aligning. The Fed is expected to maintain its current stance on interest rates, and inflation fears are cooling slightly. What’s next? All eyes are on the $96K resistance. If Bitcoin clears that, $100K wouldn’t seem too far-fetched. In fact, a recent Matrixport report even hinted at a potential BTC rally to $106K if it breaks through the crucial resistance.
On Tuesday, Bitcoin’s Realized Capitalization also reached an all-time high of $882.2 billion, indicating robust capital inflows and growing investor confidence. Analysts say that such large accumulations of Realized Capitalization have usually preceded considerable BTC price increases.
But let’s not be naive: this is crypto. Volatility is part of the game. Bitcoin ETF flows are uneven, regulatory headlines can crash the party, and leverage remains frothy. Still, for now, the message is clear: Institutions are buying in bulk.
Institutional interest was further fuelled by Cantor Fitzgerald’s announcement of a $3.6 billion crypto venture, Twenty One Capital, backed by SoftBank, Tether, and Bitfinex. The venture plans to launch with over 42,000 bitcoins, making it the third-largest bitcoin treasury.
Recently, the BlackRock BTC ETF achieved a landmark feat by recording nearly $1 billion worth of inflows. Analysts have been predicting that Bitcoin ETF inflows in 2025 could surpass $50 billion, indicating sustained institutional demand.
The post Bitcoin ETF Sees Record Inflows as BTC Price Targets $96K appeared first on CoinGape.
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