Institutions Sweep Up Bitcoin ETFs! Nearly $600 Million Floods In a Single Day, Is the Market About to Enter a New Round of Explosion?
On April 28, 2025, the crypto market welcomed a strong signal—Bitcoin and Ethereum spot ETFs recorded astonishing capital inflows, totaling 6,310 BTC and 35,810 ETH. BlackRock's IBIT became the biggest winner, attracting $970 million in a single day, driving Bitcoin ETF net inflows to as much as $591.2 million.
Farside Investors pointed out that the strong buying by institutions reignited market enthusiasm, with Bitcoin rising to $68,450 and Ethereum climbing to $3,450. This wave of capital injection indicates that institutional confidence remains strong, accelerating the integration of cryptocurrencies into core allocations.
Data shows that ETF capital inflows often lead price surges. With the improvement of the regulatory environment and the maturation of market mechanisms, the mainstreaming process of digital assets may be entering a new stage. Investors generally believe that the current inflow scale may drive a new round of market rebound, which is worth paying close attention to.