In April, Bitcoin showed positive dynamics closer to the end of the month. This is reflected in both the increase in value and the influx of capital into spot ETFs based on the first cryptocurrency.
In particular, from April 21 to 25, the sector recorded the largest weekly inflow of funds since November 2024.
John D'Agostino, head of strategy at Coinbase Institutional, believes that the overall rise of Bitcoin, as well as the influx of capital into ETFs based on the asset, is primarily driven by institutional interest in the funds.
At the time of preparing the material, the first cryptocurrency is trading slightly below $95,000.
Ethereum, on the other hand, continues to decline for the fifth consecutive month. However, April often closed with a gain.