Bitcoin ETFs Dominate Crypto Market with $951M Inflows as Institutional Adoption Soars
The cryptocurrency ETF market has witnessed remarkable growth, with Bitcoin ETFs leading the charge by capturing over 95% of the $951 million inflows in the past 30 days. iShares and Fidelity have emerged as dominant players, collectively managing over $68 billion in assets under management (AUM). While Ethereum ETFs remain active, they trail significantly with just $8.2 billion AUM and $38.8 million in inflows. As of April 23, 2025, the total AUM for regulated crypto ETFs has reached an impressive $110.19 billion, signaling strong institutional interest and market maturation.
Bitcoin ETFs Drive $951M Crypto Inflows
Bitcoin ETFs have captured over 95% of $951M in crypto ETF inflows over the past 30 days. iShares and Fidelity dominate the Bitcoin ETF market with a combined total of over $68B in assets under management (AUM). ethereum ETFs, while active, lag behind with just $8.2B AUM and $38.8M in inflows. Overall, the crypto ETF market is gaining traction, with total AUM across regulated crypto ETFs reaching $110.19 billion as of April 23, 2025. This growth has been attributed to institutional and retail investors seeking regulated exposure to digital assets.
Bitcoin Short-Term Holders Back in Green as Price Breaks $94,000
Bitcoin has surged past a critical threshold, reclaiming the cost basis for short-term holders—a psychological milestone that often signals renewed market confidence. Data from Glassnode reveals the Realized Price for this cohort, representing the average acquisition price of recent investors, now sits below the current spot price. This alignment suggests most short-term holders are in profit, a bullish indicator historically associated with upward momentum. The cryptocurrency’s ability to hold above this level underscores a shift in market sentiment, where paper gains could fuel further buying or deter panic selling. Traders are watching closely: sustained profitability at this stage has previously preceded both extended rallies and volatile pullbacks.
Sovereign Wealth Funds Accumulate Bitcoin as Retail Investors Exit
According to John D’Agostino, head of strategy at Coinbase, more sovereign wealth funds are buying Bitcoin (BTC) as retail investors flee the market through ETFs and spot markets. D’Agostino compared Bitcoin to gold, noting its scarcity, immutability, and non-sovereign asset characteristics. He also mentioned that institutional buyers are treating BTC as a hedge against currency inflation and macroeconomic uncertainty.
Binance Whales Drive Latest Bitcoin Price Surge
Data indicates that Binance whales may be responsible for the recent Bitcoin price explosion. The Bitcoin Coinbase Premium Gap has plunged into negative territory, suggesting that the whales on Binance are fueling the rally. The Coinbase Premium Gap tracks the difference between the BTC price on Coinbase (USD pair) and Binance (USDT pair). A negative value implies that the price on Binance is higher, indicating more buying activity on Binance compared to Coinbase.
Bitcoin Overtakes Google in Global Asset Rankings, Eyes NVIDIA Next
Bitcoin has surged past Alphabet (Google) to become the fifth largest asset in the world, valued at $1.861 trillion with a market cap of over $93,700. This milestone solidifies Bitcoin’s position among the world’s most valuable assets, and it may soon surpass Nvidia if the current rate of rise continues. NVIDIA currently holds the fourth spot with a market cap of $2.412 trillion, leaving a gap of approximately $550 billion between the two.
Bitcoin Price Stabilizes After Surge, Eyes Another Leg Up
Bitcoin has moved higher above the $93,200 zone and is consolidating gains. The cryptocurrency started an upward move above $91,500 and $92,500 levels, trading above the $91,500 and the 100 hourly Simple Moving Average. A connecting bullish trend line is forming with support at $92,000. If bitcoin clears the $94,650 zone, it could start another increase. The price remained stable above $88,000 and climbed above $90,000 and $91,500 resistance levels, even spiking and testing the $94,650 resistance zone.
