{"id":4292,"date":"2025-04-25T05:00:33","date_gmt":"2025-04-25T05:00:33","guid":{"rendered":"https:\/\/ad-doge.com\/blog\/spot-bitcoin-etfs-go-pac-man-mode-gobble-up-1-2-billion-in-1-week\/"},"modified":"2025-04-25T05:00:33","modified_gmt":"2025-04-25T05:00:33","slug":"spot-bitcoin-etfs-go-pac-man-mode-gobble-up-1-2-billion-in-1-week","status":"publish","type":"post","link":"https:\/\/ad-doge.com\/blog\/spot-bitcoin-etfs-go-pac-man-mode-gobble-up-1-2-billion-in-1-week\/","title":{"rendered":"Spot Bitcoin ETFs Go \u2018Pac-Man\u2019 Mode, Gobble Up $1.2 Billion In 1 Week"},"content":{"rendered":"

Capital poured into US-listed Bitcoin exchange-traded funds this week, with Tuesday alone witnessing nearly $1 billion in fresh cash.<\/p>\n

The rush propelled weekly inflows to $1.2 billion and total assets under management (AUM) to $103 billion, based on Bloomberg data. The investment deluge occurred while Bitcoin’s price rose above $93,000, reaching $93,700 \u2013 its highest since early March.<\/p>\n

BlackRock Fund Remains Top Dog Among Rivals<\/strong><\/h2>\n

BlackRock’s iShares Bitcoin Trust (IBIT) remains at the forefront with year-to-date inflows of $2.7 billion. The fund took in another $346 million last week alone.<\/p>\n

Ark Invest’s ARKB and Grayscale’s Bitcoin funds lag behind with significantly smaller year-to-date inflows of $410.41 million and $385.31 million.<\/p>\n

Not everything is coming up roses, however. Grayscale’s GBTC has seen $1.18 billion of outflows since January, going against the overall positive tide.<\/p>\n

\n

The spot bitcoin ETFs went Pac-Man mode yesterday, +$936m, $1.2b for week. Also notable is 10 of 11 of the originals all took in cash too. Good sign to see flow depth vs say $IBIT<\/a> doing 90% of the lifting. Price up $93.5k. Pretty strong all things considered IMO. pic.twitter.com\/HeLwffgT8F<\/a><\/p>\n

\u2014 Eric Balchunas (@EricBalchunas) April 23, 2025<\/a><\/p>\n<\/blockquote>\n

\"\"<\/p>\n

Increasing Institutional Confidence Reflected In Broad Participation<\/strong><\/h2>\n

Ten of 11 spot Bitcoin ETFs saw inflows of fresh funds this week, Bloomberg senior ETF analyst Eric Balchunas reported. They’re going “Pac-Man mode”, the analyst said on X. That broad-based involvement indicates institutional players are diversifying their bets into several funds rather than focusing on one or two.<\/p>\n

The value traded across all Bitcoin spot ETFs totaled $496 million, while net assets in them now represent nearly $57 billion \u2013 equivalent to around 2.80% of Ethereum’s market cap.<\/p>\n


\nEthereum Products Keep Losing Streak While XRP Shocks<\/strong><\/p>\n

As Bitcoin-linked investments thrive, Ethereum products simply can’t seem to get a break. According to reports from CoinShares, investment products centered around Ethereum lost yet another $26.7 million last week.<\/p>\n

This takes their eight-week outflow amount to a mind-boggling $772 million. Even in the face of this continued outflow, Ethereum remains in second place for year-to-date inflows at $215 million.<\/p>\n

Short Bitcoin Products Under Ongoing Pressure<\/strong><\/p>\n

Short Bitcoin products are experiencing the squeeze. Short BTC products had their seventh consecutive week of outflows, with $1.2 million exiting these funds.<\/p>\n

CoinShares data show that these short bets have now lost $36 million over seven weeks \u2013 40% of their assets under management. The ongoing outflows from short positions are consistent with Bitcoin’s recent price strength.<\/p>\n

XRP is the only exception among alternative coins, and its investment products attracted over $37 million last week, the third highest for year-to-date inflows on $214 million. This defies the trend observed in most of the other altcoins, which still face selling pressure.<\/p>\n

Certainly, all of this new money being poured into Bitcoin ETF investments is perhaps the clearest sign yet that traditional financial institutions are coming around to cryptocurrency as an asset class.<\/p>\n

We’re talking almost $1 billion coming into the market in just one day: this looks like the dawn of a new era in which acceptance of the asset class by the mainstream is even greater.<\/p>\n

Featured image from Wallpapers.com<\/em>, chart from TradingView<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Capital poured into US-listed Bitcoin exchange-traded funds this week, with Tuesday alone witnessing nearly $1 billion in fresh cash. The rush propelled weekly inflows to $1.2 billion and total assets under management (AUM) to $103 billion, based on Bloomberg data. The investment deluge occurred while Bitcoin’s price rose above $93,000, reaching $93,700 \u2013 its highest…<\/p>\n","protected":false},"author":1,"featured_media":4293,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[22,32,35,51,541],"class_list":["post-4292","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","tag-bitcoin","tag-btc","tag-btcusd","tag-crypto","tag-etf"],"_links":{"self":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/4292","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/comments?post=4292"}],"version-history":[{"count":0,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/4292\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media\/4293"}],"wp:attachment":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media?parent=4292"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/categories?post=4292"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/tags?post=4292"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}