Bitcoin Devotees Plowed $3 Billion Into ETFs Amid Crypto’s Surge
April 28, 2025
Bitcoin Devotees Plowed $3 Billion Into ETFs Amid Crypto’s Surge (BTC) – Bloomberg
Cryptocurrency investors waded back into the market last week, riding a surge in Bitcoin.
Exchange-traded funds tracking Bitcoin and Ether attracted more than $3.2 billion last week, with the iShares Bitcoin Trust ETF (ticker IBIT) alone seeing a nearly $1.5 billion inflow — the most this year, data compiled by Bloomberg show. Other Bitcoin-focused funds also saw meaningful infusions, with investors adding more than $620 million to the ARK 21Shares Bitcoin ETF (ARKB) and roughly $574 million into the Fidelity Wise Origin Bitcoin Fund (FBTC).
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