Bitcoin ETFs Soaked Up $381 Million — Who Knew Crypto Could Be This Chill?
So, US spot Bitcoin ETFs just casually pulled in their biggest daily cash splash since January’s crypto party — remember when Bitcoin flirted with six figures? Yeah, back when million-dollar memes were a thing.
This Easter, while most of us were hunting chocolate, Bitcoin strutted in with a $381.4 million net inflow. BTC wasn’t just stable; it outshone equities like a diva at a dull party, especially with the USD and traditional markets throwing a bit of a meltdown tantrum.
Here’s the VIP guest list for these inflows according to our pals at CoinGlass:
- Ark’s ARK 21Shares Bitcoin ETF (ARKB) grabbed the biggest slice — a cool $116.1 million worth.
- Fidelity rocked up with $87.6 million tucked in their crypto pockets.
- BlackRock’s IBIT wasn’t left out, securing a neat $41.6 million.
All this while the background noise of trade wars and Trump-era policies were trying *really* hard to harsh the vibe of both crypto and traditional markets.
Crypto Market: Still Floating Like That One Friend Who Refuses To Text Back
Over Easter, the market didn’t just survive, it thrived. BTC kept itself above $80k like a stubborn cat on a keyboard. Meanwhile, Ether tried to join the party but stumbled—dropping 4% to about $1,581, after a rather mysterious 1,000 ETH (that’s $1.58 million, folks) was shipped over to Kraken by an Ethereum Foundation wallet. Cue nervous glances and crypto gossip — “What’s the drama?”
Meanwhile, the entire market collectively gained a jaw-dropping $800 billion, pushing the total to $2.84 trillion. And if you thought that was it, Shiba Inu went full firestarter, burning tokens at an 825% rate, incinerating 26.48 million coins. That’s some serious digital BBQ. 🔥
Contrast this with the equities markets, which basically threw a ‘we’re not invited’ hissy fit after Easter. Dow Jones and Nasdaq both stumbled down 2.5%, with the S&P 500 finishing 2.4% lower — courtesy of the Monday blues.
On the plus side, Strategy dropped some serious cash — about $555.8 million — to snag 6,556 Bitcoin at roughly $84,785 a pop.
Not to be outdone, Metaplanet, a Japanese firm clearly crushing the game, grabbed 330 BTC for around $28.2 million, pushing their stash to 4,855 BTC. Fun fact: they’re dreaming big — planning to hoard 21,000 BTC by 2026. Their current stash is sitting pretty at $414.5 million, and they seem paid up at an average of $85,386 per coin. Gotta admire that hustle.
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2025-04-22 20:19