TL;DR
- Bitcoin ETFs recorded $912.7 million in inflows on April 22, the highest amount since January when BTC reached its all-time high.
- Ark 21Shares led the day with $267.1 million, followed by Fidelity with $253.8 million. BlackRock came in third.
- Bitcoin surged past $94,000, fueled by this massive inflow and the appointment of a new crypto-friendly SEC commissioner.
The crypto market witnessed a major bullish jolt on April 22, with spot Bitcoin ETFs experiencing a staggering $912.7 million in inflows in just one day. This figure marks the largest single-day capital injection since January 20, when Bitcoin soared past $109,000 during the inauguration of Donald Trump as U.S. president. The influx sends a powerful message: institutional investors are doubling down on digital assets and see ETFs as a strategic gateway into crypto. The strength of this inflow reinforces the idea that ETFs are solidifying their position as one of the most trusted and increasingly popular investment vehicles for traditional capital entering the crypto ecosystem.
The Big Winners: Ark and Fidelity Take the Lead
Unlike previous occasions where BlackRock’s IBIT ETF typically dominated, this time Ark 21Shares stole the spotlight by attracting $267.1 million, its second-best performance since launching after SEC approval in 2024. Fidelity was not far behind, pulling in an impressive $253.8 million. Surprisingly, BlackRock settled for third place with $193.5 million. This more balanced distribution of inflows highlights a maturing ETF landscape, where newer and more agile funds are gaining ground against established giants. Moreover, several smaller ETF products also reported positive inflows, indicating a widespread wave of confidence across the sector and a broader appetite for Bitcoin.
Bitcoin Shines Again: Regains $94,000 With Strength
The ETF euphoria coincided with a remarkable rally in Bitcoin’s price, which jumped 6.3% in 24 hours, from $88,610 to over $94,100. This recovery not only breaks a 51-day slump below that level but also aligns with the appointment of Paul Atkins as the new SEC commissioner. Atkins has long advocated for a rational, principle-based regulatory approach toward crypto, which the market interpreted as a bullish signal. His arrival marks a stark contrast to former commissioner Gary Gensler, known for his stricter stance, who stepped down following Trump’s election win in November.
Everything suggests that optimism is returning to the market. With friendlier regulators, major institutions investing heavily, and a global narrative that’s increasingly pro-crypto, Bitcoin and its financial derivatives may be entering a new phase of sustained expansion.
