- Bitcoin ETFs saw inflows for 8 straight days, indicating strong institutional demand in recent days.
- According to Bitwise, there has been massive accumulation, with ETFs buying 9x more BTC than mined supply.
- Even with these positive developments, BTC remains range-bound below $78,000 with sellers capping upside.
Bitcoin spot exchange traded funds (ETF) are on fire as the products managed to pull in a great amount of money yesterday, April 23, 2026. According to SoSoValue, Bitcoin ETFs saw an inflow of $223.21 million and this marks the eight day of consecutive inflow.
Yesterday, BlackRock’s IBIT led with $167.49 million added in one day. Its total historical inflows now hit $16.75 billion. Ark Invest and 21Shares’ ARKB was next at $71.22 million daily, with lifetime totals at $1.62 billion.
Fidelity’s FBTC was the only product that saw an outflow of $16.93 million. Even so, its all-time inflows stand at $11.04 billion. As of now, all Bitcoin spot ETFs hold $102.79 billion in assets. That is 6.59% of BTC’s total market cap. Cumulative net in...
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