Bitcoin ETFs attract $912 million in single-day inflow, the largest since Donald Trump’s return

Spot Bitcoin exchange-traded funds (ETFs) in the United States witnessed their largest single-day net inflow since President Donald Trump returned to office in January.

According to data from SpotOnChain, the 11 spot Bitcoin ETFs attracted $912.7 million on April 22.

Bitcoin and Ethereum ETFs Flow. (Source: SpotOnChain)

ARK 21Shares Bitcoin ETF (ARKB) led with $267 million in net inflows. Fidelity’s FBTC followed with $253 million, while BlackRock’s iShares Bitcoin Trust (IBIT) added $193 million.

Meanwhile, IBIT also saw intense trading activity on the day. Bitcoin analyst TraderT reported that the fund saw over $4 billion in volume on the day, making it one of the most-traded ETFs in the US market.

BlackRock IBIT’s Flow and Volume (Source: X/Trader T)

Market analysts attribute the spike to a shift in investor sentiment, driven by broader market volatility and evolving macroeconomic conditions. The strong inflows suggest that institutional and retail players are once again turning to Bitcoin as a store of value amid economic uncertainty.

Ethereum ETFs turnaround

Ethereum-focused ETFs also posted a positive turnaround after nine consecutive sessions of weak or negative flows.

On April 22, these funds recorded a combined $38.8 million in net inflows, according to SpotOnChain data.

Fidelity’s Ethereum ETF (FETH) accounted for most of the inflow, attracting $32.7 million. It was followed by Bitwise’s ETHW, which saw $6.1 million inflow, while other Ethereum ETFs recorded zero flows.

While Ethereum ETF inflows were modest compared to Bitcoin, the move marks a cautious return of investor confidence. ETH products have faced sustained outflows in recent weeks due to tightening liquidity and uncertain market signals.

Still, the renewed buying interest hints at optimism over Ethereum’s future, especially as the network prepares for key upgrades.

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