U.S. Spot Bitcoin ETF products have recorded over a whopping $3 billion worth of weekly inflows this Saturday, marking their first-ever consecutive weekly inflows after nearly 5 weeks of market turmoil.
Data from the tracker SosoValue on Saturday, April 26, signaled that U.S.-based BTC exchange-traded products closed this week, marking $3.06 billion worth of inflows. Previous data suggests that these ETPs last recorded consecutive inflows in the prior month, with the week that concluded on March 28.
Bitcoin ETF Inflows Spike Over $3 Billion, Here’s Data To See
SosoValue data suggests that after the week that concluded on March 28, 2025, this is the first time ever that U.S. Bitcoin ETF products saw consecutive weekly inflows, that too over $3 billion. Statistics indicated that these products recorded $15.85 million in inflows in the last week, concluding on April 17.
However, previous data indicated that BTC ETF products recorded $713.30 million in outflows as of the week concluding on April 11, 2025. Further, $172.69 million worth of inflows were recorded as of the week concluding on April 4, 2025. Before this, the last consecutive weekly inflows were recorded at $196.48 million as of the week closing on March 28.
Source: Sosovalue
The conclusion? Broder crypto market sentiments have taken a severe hit over the past month, given Donald Trump’s tariff flip-flopping. As a response, risk assets encountered severe investor uncertainty, with institutions also exercising caution alongside global markets. This cautious approach pushed the U.S. spot BTC exchange-traded products to react negatively before finally glimmering hope in recent days.
Intriguingly, the broader scenario remains bullish across the crypto market at the moment, rationalizing the robust inflows. Bitcoin price climbed nearly 11% this week, closing in at the $94K level. This rising price action appears to have kicked off a positive sentiment for other altcoins and Bitcoin ETF products as well. While ETH, XRP, and SOL prices gained nearly 2%, CoinGape reported that BTC ETF products recorded inflows worth $381 million in just a day recently.
The U.S. spot BTC exchange-traded products hold total net assets worth $109.27 billion, representing 5/80% of the flagship crypto’s market cap. This statistic further underscores the ETPs’ massive influence over the coin’s market.
Aqua 1, a Web3 investment fund based in the UAE, announced today that it’s spending $100 million on WLFI tokens. It and World Liberty Financial are partnering to expand WLFI’s blockchain ecosystem.
However, the announcement didn’t go into many specifics, and there are a lot of unanswered questions about this deal. If nothing else, both firms plan to support BlockRock, an RWA tokenization firm.
Today, this Aqua 1 partnership plans to change things even further with a $100 million WLFI purchase:
“We’re excited to work hand-in-hand with the team at Aqua 1. Aligning with Aqua 1 validates our blueprint for global financial innovation, as we have a joint mission to bring digital assets to the masses and strengthen our nation’s standing as a champion and leader of cryptocurrency and blockchain technology,” claimed World Liberty co-founder Zak Folkman.
Unfortunately, there isn’t much information available on Aqua 1, which could be useful for dissecting the WLFI purchase. Its X account was created this month, and all its posts relate to today’s deal.
Aqua 1’s press release is very noncommittal, briefly touching on many Web3 buzzwords like DeFi, blockchain infrastructure, AI, global adoption, and more.
Nonetheless, this deal is quite strange. Aqua 1 invested $100 million in WLFI, more than three times as much as Tron founder Justin Sun. The fund is now its largest individual investor.
Bitcoin (BTC) enters May 2025 with renewed momentum, gaining over 14% in the past 30 days and trading just 6.3% below the key $100,000 mark. Behind the price action, Bitcoin’s apparent demand has turned positive for the first time since late February, signaling a shift in on-chain behavior.
However, fresh inflows—especially from US-based ETFs—remain subdued compared to 2024 levels, suggesting institutional conviction has yet to fully return. According to MEXC COO Tracy Jin, if current conditions hold, a summer rally toward $150,000 is plausible, with sentiment turning increasingly bullish.
Bitcoin Apparent Demand Turns Positive, But Fresh Inflows Still Lacking
Bitcoin’s apparent demand has shown clear signs of recovery recently, rising to 65,000 BTC over the past 30 days. This marks a sharp rebound from the trough on March 27, when apparent demand—defined as the net 30-day change in holdings across all investor cohorts—reached a deeply negative level of -311,000 BTC.
Apparent demand reflects the aggregated balance shifts across wallets and provides insight into whether capital is entering or exiting the Bitcoin network.
While the current demand level is still well below earlier peaks in 2024, a meaningful inflection point occurred on April 24: Bitcoin’s apparent demand turned positive and has remained positive for six consecutive days after nearly two months of sustained outflows.
Despite this improvement, broader demand momentum remains weak.
The continued lack of significant new inflows suggests that most of the recent accumulation may be driven by existing holders rather than fresh capital entering the market.
For Bitcoin to mount a sustainable rally, both apparent demand and demand momentum must show consistent and synchronized growth. Until that alignment occurs, the current stabilization may not support a strong or prolonged price breakout.
US Spot Bitcoin ETF Inflows Still Far Below 2024 Levels
Bitcoin purchases from U.S.-based ETFs have remained largely flat since late March, fluctuating between daily net flows of -5,000 to +3,000 BTC.
This activity level sharply contrasts with the strong inflows seen in late 2024, when daily purchases frequently exceeded 8,000 BTC and contributed to Bitcoin’s initial rally toward $100,000.
So far in 2025, BTC ETFs have collectively accumulated a net total of 28,000 BTC, well below the more than 200,000 BTC they had purchased by this point last year.
This decline shows a slowdown in institutional demand, which has historically been key in driving major price movements.
Bitcoin: Net Cumulative Inflows to US Spot ETFs by Year. Source: CryptoQuant.
There are early signs of a modest rebound, with ETF inflows beginning to tick higher recently. However, current levels remain insufficient to fuel a sustained uptrend.
ETF activity is often viewed as a proxy for institutional conviction, and a notable increase in purchases would likely signal renewed confidence in Bitcoin’s medium-term trajectory.
Until those inflows return in force, the broader market may struggle to generate the momentum needed for a prolonged rally.
Bitcoin Nears $100,000 as Momentum Builds Despite Macro Pressure
Bitcoin price has gained over 14% in the past 30 days, rebounding strongly after dipping below $75,000 in April.
This renewed momentum comes as BTC shows relative resilience amid broader macroeconomic volatility and policy-driven pressures, including Trump’s tariff measures that have weighed on risk assets.
While the entire crypto market has felt the impact, Bitcoin appears to be detaching slightly, showing less sensitivity to these external shocks than other digital assets.
BTC now sits just 6.3% below the $100,000 mark and remains under 17% from a potential move toward $110,000. According to Tracy Jin, COO of MEXC, sentiment is turning positive again:
“Beyond immediate price action, the growing institutional appetite and shrinking supply mechanisms against the macroeconomic uncertainty backdrop point to a structural shift in Bitcoin’s role within the global financial market. BTC is used to hedging against inflation and the fiat-based financial model. Its liquidity, scalability, programmability, and global accessibility offer a reliable modern alternative to traditional financial instruments for many corporations,” Jin said.
According to Jin, a summer rally towards $150,000 is plausible. She stressed that the $95,000 range will likely become a launch point for the brewing decisive breakout above $100,000 in the coming days.
” Should global trade tensions stabilize further and institutional accumulation continues, a summer rally towards $150,000 is plausible, potentially extending towards $200,000 by 2026. Overall, the external background remains favorable for the continuation of the upward movement, especially given the growth of stock indices on Friday, which could support Bitcoin over the weekend.”
Wall Street experts forecast bullish acceleration in May for the wider crypto market led by Bitcoin.
On-chain data shows whale investors are on a crypto shopping spree for heavily undervalued altcoins.
The total crypto market cap gained more than 4 percent in the last 24 hours to hover about $3.25 trillion on Thursday, May 8, during the late North American trading session. Bitcoin (BTC) price surged over 5 percent to reach a local high of about $101,784.
The wider altcoin market recorded double percent digit gains in the past 24 hours, led by memecoins. Ethereum (ETH) price had surged over 15 percent in the past 24 hours to trade at about $2,070 at the time of this writing.
Major Forces Behind Today’s Crypto Market Surge
Short Squeeze Impact
In the past 24-hour, more than $626 million was liquidated from the wider crypto market, with the short traders amounting to over $536 million. As a result, the odds of a short squeeze significantly increased, amid notable greed and bullish sentiment.
Federal Reserve Monetary Policy
On Wednesday, the Federal Reserve held its lending rate at between 4.25 and 4.5 percent, as widely predicted by Wall Street economists. Notably, the rising stagflation risks, as highlighted by Fed Chair Jerome Powell, have compelled investors to seek alternative investments, with crypto assets emerging among the top.
Rising Demand from Institutional Investors
On-chain data analysis for the last few days and weeks shows a strong demand for crypto assets by institutional investors. For instance, the U.S. spot BTC ETFs have recorded a net cash inflow of about $1.58 billion since the beginning of May, thus completing April’s $2.97 billion cash inflow.
More institutional investors – led by Strategy and Metaplanet – have been leveraging the global equity market to buy more Bitcoins and top-tier altcoins such as Solana (SOL) and Ethereum.
Geopolitical and Trade Developments
The demand for altcoins and Bitcoin has continued to increase fueled by the global geopolitical tensions and ongoing trade war negotiations. Earlier on Thursday, the United States and the United Kingdom announced a strategic trade deal.
Meanwhile, tensions between Pakistan and India have pushed more investors to the Bitcoin market to hedge against short-term macroeconomic uncertainties.
Regulatory Catalysts
As Coinpedia reported, two of the U.S. states – including New Hampshire and Arizona – have already approved respective legislation to establish strategic Bitcoin reserves. More states are expected to follow in the same direction in the near term and ultimately the federal government under the leadership of Donald Trump.
As a result, the demand for Bitcoin and the wider altcoin market has continued to grow, especially among institutional investors.
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Wall Street experts forecast bullish acceleration in May for the wider crypto market led by Bitcoin. On-chain data shows whale investors are on a crypto shopping spree for heavily undervalued altcoins. The total crypto market cap gained more than 4 percent in the last 24 hours to hover about $3.25 trillion on Thursday, May 8, …