Bitcoin ETFs (BTC) registered eight consecutive days of capital inflows until April 23, 2026, accumulating approximately $2.1 billion, in what is consolidated as the most consistent streak of the year for these products. The movement It occurs in a context of recovery in the price of bitcoinwhich went from $64,948 at the end of March to levels close to $79,000 at the end of April, an increase of close to 10% in the last month, while the flow of capital towards spot ETFs in the United States increased. The leading role in this momentum falls once again on the BlackRock ETF, IBIT, which concentrates around 75% of daily entries during this period. The fund has become the main channel for absorbing institutional demand, reinforcing its dominant position within the market.
The increase in assets under management at IBIT reinforces its position as a dominant player in the institutional structure of bitcoin. Source: TradingView. IBIT currently manages more than 806,700 BTC, equivalent to about 3.8% of the total bitcoin supplyconsolidating itself as the largest institutional vehicle for exposure to the asset, as reported by BitcoinDynamic. In terms of flows, the fund has accumulated more than $3 billion so far this year, placing it among the top 1% of all ETFs in the US market by capital raising. The strong concentration of entries in a single product adds an element of dependence to market behavior. Only between April 13 and 17, IBIT captured nearly 906 million dollars of the total 996 millionthat is, approximately 91% of the sector’s flows in that section, which shows the degree of centralization of the recent impulse.
IBIT dominates April flows and concentrates most institutional capital in US bitcoin ETFs. Source: TradingView. In parallel, ETFs have absorbed close to 19,000 BTC in eight days, around nine times more than the mining emission of the same periodwhich reinforces the imbalance between new supply and institutional demand. This differential reduces the volume of bitcoin available on the open market, increasing the sensitivity of the price to variations in flows. Altogether, the streak of eight consecutive days of inflows confirms the reactivation of institutional interest in bitcoin through ETFs, with sustained flows that once again position these instruments as one of the main supply absorption mechanisms in the market.
