On April 21, US-listed Bitcoin exchange-traded funds (ETFs) experienced a significant surge in daily inflows, reaching $381.3 million, marking their largest single-day inflows since late January. This resurgence in activity occurred as crypto markets demonstrated resilience over the Easter weekend.

The 11 Bitcoin-tracking funds collectively saw a net inflow of $381.3 million on April 21. A substantial portion of this inflow, $116.1 million, was directed towards the ARK 21Shares Bitcoin ETF (ARKB), according to data from CoinGlass. This represents the most substantial inflow day for these ETFs since January 30, when they recorded a combined net inflow of $588.1 million, occurring shortly after Bitcoin reached a peak and was trading near a six-figure price.

Recently, the ETFs had faced challenges in maintaining consistent inflows, partly influenced by factors such as US President Donald Trump's trade war threats. Data from CoinGecko indicates that Bitcoin's value had dipped below $100,000 in early February and reached a 2025 low of $74,773 on April 7, following the imposition of tariffs by Trump on various countries, which also contributed to a downturn in the stock market.

Among individual ETFs, the Fidelity Wise Origin Bitcoin Fund (FBTC) recorded the second-largest inflow for April 21, amounting to $87.6 million. The Grayscale Bitcoin Trust (GBTC) and its Bitcoin Mini Trust ETF (BTC) together experienced net inflows of $69.1 million. Conversely, the Invesco Galaxy Bitcoin ETF (BTCO) and the WisdomTree Bitcoin Fund (BTCW) reported neither inflows nor outflows on the same day.

BlackRock’s iShares Bitcoin Trust ETF (IBIT), which is the largest in terms of assets under management, saw net inflows of $41.6 million. This figure is approximately half of the inflows observed before the market break on April 17.

Despite the US markets being closed on April 18 for Good Friday and closing in the red on Monday, April 21, with the S&P 500, Nasdaq, and Dow Jones all declining by around 2.5%, the crypto markets managed to sustain gains made over the extended weekend. The total crypto market capitalization increased by $800 billion during this period, reaching $2.84 trillion. Bitcoin contributed significantly to this growth, surpassing a market value of $1.75 trillion for the first time since March 22, with its price exceeding $88,500, a four-week high.