#比特币反弹 Institutional Funds Rebound! Bitcoin Spot ETFs See Nearly $1 Billion Inflow in a Single Week, Hitting 3 New Highs

Recently, the crypto market has received a key capital signal, as institutional funds have ended their phase of waiting and watchfulness and officially returned to positions for deployment.
According to SosoValue’s latest statistics, for the week ending April 20, U.S. Bitcoin spot ETFs saw total net inflows of $996 million, nearing the $1 billion threshold, setting a new record for weekly capital inflows in nearly 3 months. They also delivered net inflows for three consecutive weeks, with a clear recovery in institutional sentiment in the market.
Before this period, due to fluctuations in macro rate-cut expectations and the market’s short-term profit-taking, Bitcoin spot ETFs had been in a state of net outflows for multiple consecutive weeks. A large amount of institutional capital chose to temporarily step aside to avoid risk, making overall trading in the crypto market relatively subdued, with price volatility under pressure.
The simultaneous weakness in both on-chain activity and capital flows also raised some concerns about the market’s confidence in long-term allocations by institutions. However, this round of substantial capital returning has broken the previous weak pattern, and capital flows have shown a distinct top-heavy concentration. Among them, BlackRock’s IBIT remains the main source of attracting inflows, taking in the vast majority of the inflow amounts in this round. Backed by long-term allocation funds that keep entering, it has become the market’s core receiving force.
In addition, mainstream ETFs such as Fidelity’s FBTC have also ended their prior net-outflow trend and shifted to modest net inflows. Multiple institutions increased their positions at the same time, marking that Wall Street institutions’ overall risk appetite has warmed up. They are no longer engaging purely in short-term arbitrage, but are beginning to strategically reallocate Bitcoin assets.