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Bitcoin Speculated to Hit $20,000

Bitcoin Speculated to Hit $20,000

Bitcoin Speculated to Hit $20,000

Bitcoin Speculated to Hit $20,000

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Spot Bitcoin ETFs see 9-day inflow streak as investors show resilience

US spot Bitcoin exchange-traded funds (ETFs) have extended their inflow momentum through late April, notching a nine-day streak amid growing investor conviction.During the period, which spanned April 14 and April 24, total net inflows reached roughly $2.12 billion, with the strongest single-day performance on April 17, when funds attracted $663.91 million. April 14 and April 22 also posted robust gains of $411.50 million and $335.82 million, respectively.The weakest day came on Friday, with a more modest $14.45 million in net inflows. BlackRock’s IBIT led the day with $22.88 million in inflows. In contrast, Fidelity’s FBTC recorded outflows of $1.69 million, while Bitwise’s BITB and ARK 21Shares’ ARKB saw withdrawals of $8.85 million and $9.02 million, respectively. Other funds, including Grayscale’s GBTC and smaller products, reported largely flat flows.The April streak is the first nine-day run for spot Bitcoin (BTC) ETFs since a similar run in October, when inflows surged, including $1.21 billion on Oct. 6 and $875.6 million on Oct. 7.Spot Bitcoin ETFs see 9-day inflow streak. Source: SoSoValueSpot Bitcoin ETFs see 9-day inflow streak. Source: SoSoValueThe sustained inflows also come alongside a strengthening Bitcoin market, with BTC currently trading at $77,516.55, up 10.73% over the past month, according to data from CoinMarketCap.Related: Bitcoin ETFs Surpass March Inflow Streak With $1.9BBitcoin ETF investors hold firmThe recent steady stream of capital has pushed flows back into positive territory for 2026, with cumulative total net inflows reaching $58.23 billion.This trend comes even as Bitcoin remains about 35% below its record high reached in early October, ETF analyst Nate Geraci wrote in a recent post on X. He said this pattern suggests that ETF investors are taking a longer-term approach rather than reacting to short-term volatility. The continued inflows during a market drawdown point to a more resilient investor base, often described as “diamond hands” in crypto circles.“ETF investors proving to be longer-term allocators,” he wrote.Related: Spot Bitcoin ETFs Gain $411M as Goldman Files ETF PlanEther ETFs see strong inflowsUS spot Ether (ETH) ETFs also maintained a strong inflow streak from April 14 through April 22, posting nine consecutive days of net positive flows. However, the streak was broken on April 23, when funds recorded net outflows of $75.94 million.During the nine-day run from April 14 to April 22, total inflows were consistently solid, with the strongest single-day performance on April 17, when Ether ETFs attracted $127.49 million. Other standout sessions included April 22 with $96.44 million and April 20 with $67.77 million.Magazine: AI-driven hacks could kill DeFi — unless projects act nowCointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.

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