U.S. spot Bitcoin ETFs have recorded net inflows for eight consecutive trading days, with total net inflows exceeding $2 billion.
We. Bitcoin spot ETFs have won for eight consecutive days, with cumulative net inflows exceeding $2 billion, according to SoSoValue data. On Thursday, April 24, 2026, these funds recorded $223.2 million in positive inflows, continuing a trend that has lasted more than a week.
The largest inflow of funds today was into BlackRock’s IBIT, with a net inflow of $167.5 million. Funds came from sources including Ark Invest/21Shares. Morgan Stanley and Grayscale also recorded net inflows. However, Bitcoin funds from Fidelity, Bitwise, and VanEck saw outflows, totaling approximately $30 million in net outflows.
Bitrue’s Head of Research, Andri Fauzan Adziima, commented on this phenomenon: “This is not background noise: these asset allocators view the pullback after 2025 as a genuine accumulation period, especially given continued strong demand following the outflows in early 2026.” Adziima added: “Institutions now view Bitcoin as a core holding in their portfolios, not just a trade.”
Bitcoin price has stabilized around $78,000, up 10% over the past 30 days. This level remains well below the all-time high of approximately $126,000 set in October 2025. According to Adziima, if capital inflows continue or accelerate, “this will create structural demand that further tightens supply, especially given post-halving market dynamics and ETFs locking in new Bitcoin daily.” Researchers note this may reflect growing appreciation. They base their base case on a trading range of $85,000 to $90,000, supported by a stronger floor and improved overall sentiment.
Markets remain highly focused on geopolitical and macroeconomic factors. U.S. President Donald Trump recently announced an indefinite extension of the ceasefire agreement with Iran—originally set to expire this week—yet tensions in the Strait of Hormuz remain elevated. “The market hasn’t gone into frenzy; it’s matured and is highly sensitive to macroeconomic conditions.” Azima emphasized. “In my view, this dynamic favors investors holding Bitcoin patiently rather than chasing other cryptocurrencies, but it’s essential to closely monitor its market dominance and daily capital flows, as any slowdown could test Bitcoin’s performance in the $74,000 to $70,000 range.”