Bitcoin ETFs Surge: Inflows Reach Record High Amidst Price Rally

Bitcoin exchange-traded funds (ETFs) experienced a dramatic surge in investment on April 22, with inflows exceeding by over 500 times the average daily volume predicted for 2025. This significant deviation reflects the strong impact of recent price rises in Bitcoin, as tracked by its USD price index. Glassnode, an on-chain analytics firm, reveals that $912 million in investment flowed into US spot Bitcoin ETFs on April 22nd – a figure exceeding even 500 times the average daily inflow expected for 2025. This unprecedented surge is attributed to the increased influence of Bitcoin ETFs, with some analysts suggesting they have the potential to