6-week new high! Bitcoin ETF inflows of $470 million, analyst: a breakout move is brewing

U.S. spot Bitcoin ETFs pulled in $471 million in a single day, setting a 6-week high. Institutional buying has returned, but geopolitical and macroeconomic risks still weigh on the upward move.

U.S. spot Bitcoin ETFs again demonstrated impressive net inflow performance on Monday. The net inflow volume in a single day set the highest record in the past 6 weeks, showing that institutional investor confidence is making a strong comeback. Analysts noted that if structural buying continues to flow back, it could help drive Bitcoin to break out of its consolidation range; however, this rally may still be constrained by macroeconomic uncertainties.

According to SoSoValue statistics, on Monday, a total of 6 spot Bitcoin ETFs recorded net capital inflows, bringing in $471.3 million in total. Among them, IBIT under BlackRock was the most outstanding, pulling in $181.9 million in a single day; FBTC under Fidelity followed closely with $147.3 million; ARKB, jointly launched by Ark Invest and 21Shares, also received $118.7 million in net inflows. Bitcoin ETFs from Grayscale, Bitwise, and VanEck also simultaneously showed positive inflows.

A one-day net inflow of as much as $471 million is the peak since this year’s Feb 25 record of $506 million. More importantly, Monday’s strong buying has completely offset the $173 million in outflows recorded on April 1.

Bitrue research director Andri Fauzan Adziima said: “This reflects the trend of institutions regaining confidence through compliant channels after the strong $1.32 billion monthly net inflows in March. March also marked the first time since 2026 that there was a positive net inflow in a single month.”

On the other hand, spot Ether ETFs also recorded $120.2 million in net inflows on Monday, marking the best single-day inflow performance since mid-March.

Analyst: Structural buying supports the market, but macro variables still matter

Despite a steady stream of positives on the capital front, the market still has concerns. Andri Fauzan Adziima reminded that structural buying flowing in continuously can indeed provide strong support for Bitcoin to break out of its consolidation range; however, this rally may be held back by macroeconomic uncertainty.

Ongoing Middle East geopolitical tensions continue to weigh on global stock markets and the cryptocurrency market. The U.S.-Iran conflict has entered its second month, with no signs of easing in the near term. President Trump issued an ultimatum demanding that Iran restart the Strait of Hormuz—shut down for weeks—by April 7, otherwise it would “completely destroy” Iran’s power plants and bridge infrastructure. These remarks have raised market concerns that the fighting could escalate further, also pushing global oil prices higher.

Analysts generally believe that once the gloom of geopolitics and the broader economy clears, the cryptocurrency market will quickly regain its upward momentum.

LVRG research director Nick Ruck said: “Right now, the crypto market is in a healthy consolidation phase. With improvements in the macro environment and institutional inflows returning, bullish momentum is expected to surge again. As long as capital inflows remain strong and regulatory transparency continues to improve, we expect Bitcoin in the coming weeks to challenge key resistance levels from above.”

• This article is reproduced with permission from: 《Blockcast》
• Original title: 《Bitcoin ETF pulls in $470 million, setting a 6-week high! Analysts: “Breakout setup” is brewing》
• Original author: Blockcast sis MEL