Spot Bitcoin ETF Attracts Nearly $1 Billion in a Single Week, Risk Appetite Rebound Drives Capital Inflow

BlockBeats News, April 18th. The spot Bitcoin ETF recorded a net inflow of approximately $996 million last week, marking the strongest weekly performance in three months and indicating a significant resurgence in market risk appetite. Specifically, the pace of fund inflows accelerated last week:

- A single-day inflow of $664 million was recorded on Friday, the highest of the week
- $412 million and $186 million flowed in on Tuesday and Wednesday, respectively
- Thursday saw a slowdown in inflows to $26 million
- Monday recorded a net outflow of approximately $291 million

As of Friday, the total assets under management of the spot Bitcoin ETF have exceeded $101 billion, with a daily trading volume of nearly $4.8 billion. Market analysts believe that the capital inflow is mainly due to the easing of geopolitical risks, especially the easing of tensions between the US and Iran and the resumption of navigation in the Strait of Hormuz. This has weakened the demand for traditional safe-haven assets such as the US dollar, driving funds into the crypto market and other risk assets.

From a structural perspective, Bitcoin is currently still in a period of range-bound trading, with resistance around $75,000 and support forming around $72,000. The market is in a "liquidity redistribution" phase and has not yet formed a clear trend.