Bitcoin ETF Inflows Surge Amidst Trump-Powell Tensions

Spot Bitcoin exchange-traded funds (ETFs) in the United States witnessed their highest daily inflows in three months, fueled by renewed risk appetite following President Donald Trump’s threats to fire Federal Reserve Chair Jerome Powell. According to data from SoSoValue, these ETFs recorded a massive $381.4 million in net inflows on April 21st, exceeding previous day’s inflows by over 250%, marking the highest net inflow seen since January 30th.