Monthly Overview
In April 2025, the net flows into spot crypto ETFs were positive, totaling +$3.0B. The majority of the flows were concentrated in Bitcoin, which accounted for the significant inflow, while Ethereum also saw a smaller positive net flow.
Weekly Breakdown
| Week | Net flow |
|---|---|
| Apr 1 – Apr 4 | -$158.1M |
| Apr 7 – Apr 11 | -$797.4M |
| Apr 14 – Apr 17 | -$17.3M |
| Apr 21 – Apr 25 | +$3.2B |
| Apr 28 – Apr 30 | +$787.9M |
Biggest Fund Moves
Largest inflows
- BlackRock (BTC): +$2.7B
- Fidelity (BTC): +$155.6M
- Grayscale BTC (BTC): +$152.3M
- 21Shares (BTC): +$125.9M
- BlackRock (ETH): +$108.0M
Largest outflows
- Grayscale (BTC): -$236.9M
- Grayscale (ETH): -$124.5M
- WisdomTree (BTC): -$23.9M
- Bitwise (ETH): -$3.2M
- VanEck (ETH): -$1.8M
Market Interpretation
Bitcoin was the primary beneficiary of institutional investments, with BlackRock leading the inflows at +$2.7B. In contrast, Grayscale experienced notable outflows, particularly from Bitcoin and Ethereum. The best day for net flows was April 22, which suggests strong market interest, while the worst day on April 8 indicated a brief pullback in sentiment.
Conclusion
April closed with a robust net figure of +$3.0B, highlighting a resurgence in investor interest. The flows reflect a continued preference for Bitcoin amidst mixed reactions for Ethereum.
Flows are net creations minus redemptions, published the next morning (T+1). Text written by AI from computed figures. Market data for informational purposes only. Not investment advice.