U.S. Bitcoin ETFs Record $936M Inflows on April 22, Led by ARK 21Shares, Fidelity, and BlackRock; Ethereum ETFs Gain $38.8M

U.S. spot Bitcoin ETFs saw significant net inflows on April 21 and April 22, with $381 million and $936 million respectively, marking the largest single-day inflows since January. On April 22, 10,430 BTC were bought, contributing to the $936 million inflow, which was the 7th best day since the ETFs' launch.

ARK 21Shares Bitcoin ETF (ARKB) led the inflows on April 22 with $267 million, followed by Fidelity's FBTC with $253 million, and BlackRock's iShares Bitcoin Trust (IBIT) with $193 million. IBIT also saw intense trading activity, with over $4 billion in volume on the day. The inflows reflect a broad-based institutional and retail investor interest, extending a 3-day positive streak.

In contrast, Ethereum spot ETFs experienced net outflows of $25.42 million on April 21, continuing a 7-week outflow trend. However, on April 22, Ethereum ETFs recorded a modest net inflow of $38.8 million, with 24,580 ETH bought. Fidelity's FETH led with $32.7 million in inflows, followed by Bitwise's ETHW with $6.1 million. Grayscale's ETHE, with a 2.5% fee compared to BlackRock's 0.25%, saw significant outflows.

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