Bitcoin ETFs just pulled $2 billion in 8 days while short-term holders quietly started selling
CoinDesk·3h ago·Neutral
What Happened
U.S. spot bitcoin ETFs recorded eight consecutive days of inflows totaling $2.10 billion through April 23, marking the longest streak since October 2025. Bitcoin surged 12% from $68,000 to $77,000 during this period. BlackRock's IBIT led with $167.49 million inflow. Cumulative ETF net inflows reached $58 billion since launch, representing 6.5% of bitcoin's market capitalization.
Key Entities
Bitcoin ETFsU.S. spot bitcoinBlackRock IBITFidelity FBTCSoSoValueGlassnode$2.10 billion$77,000Short-Term Holder Cost Basis