Bitcoin ETF inflows have declined significantly, to just $1.81 billion for the week to May 2, 2025. This is down 40.8% from last week’s $3.06 billion inflow, which occurred around the time when the price of Bitcoin fell below the threshold of $95,000.
Current Trends in Bitcoin ETF Inflows
The most recent drop in Bitcoin ETF inflows is a reversal of a recent upswing from last month. April 25, in fact, was strong, with $3.06 billion flowing in. That was a follow-up on meagre inflows of only $15.85 million the week of April 17.
Statistics show that inflows have been sporadic in the last month, with outflows for two weeks in early April totalling $886 million. Total inflow to Bitcoin ETFs stands at $40.24 billion while total net assets stand at $113.15 billion as of May 2.
Performance of Top Bitcoin ETFs
BlackRock’s IBIT ETF is still leading with $674.91 million in May 2 daily net inflows into it. It holds approximately 52.7% of the total assets in Bitcoin ETF, which collectively had an inflow of $43.68 billion since launch.
Fidelity’s FBTC, the second largest, had no new inflows on the same day. Grayscale’s GBTC still holds cumulative outflows of $22.75 billion, but it’s the third largest with $18.47 billion worth of assets. Other top ETFs are ARKB at $4.45 billion of Ark and BITB at $3.75 billion of Bitwise.
Correlation between Bitcoin Prices and ETF Flows
The fall in ETF flows parallels the fall in Bitcoin prices. On May 2, Bitcoin ETFs saw little value fluctuation, ranging from -0.08% to +0.09%. Volume traded in Bitcoin ETFs was $2.90 billion, down compared to the past few weeks, showing less activity in the markets.
This spurt is a possible cooling off for Bitcoin following its sharp upsurge in April, which reflects market volatility in price.
