Bitcoin ETF (BTC) recorded eight consecutive days of inflows through April 23, 2026, accumulating approximately $2.1 billion. This has been compiled as the most consistent streak for these products this year.
movement Occurs in the context of Bitcoin price recoveryup nearly 10% in the last month, from $64,948 at the end of March to a level of nearly $79,000 at the end of April, amid increased flows into U.S. spot ETFs.
The main driver of this momentum is once again the BlackRock ETF, IBIT. Approximately 75% of daily entries are concentrated during this period. The fund has become a major channel for absorbing institutional investor demand, strengthening its dominant position within the market.
IBIT currently manages over 806,700 BTC. Equivalent to approximately 3.8% of the total Bitcoin supplyaccording to a report by CriptoNoticias, has established itself as the largest institutional investor for exposure to the asset. From a flow perspective, the fund has amassed more than $3 billion so far this year, placing it in the top 1% of all ETFs in the U.S. market by capital raised.
The concentration of entries in a single product adds an element of dependence on market behavior. For a limited time from April 13th to 17th, IBIT won nearly $906 million of the $996 million total.that is, about 91% of the sector flows in that section exhibit a recent impulse concentration.
In parallel, the ETF absorbed nearly 19,000 BTC in eight days. Approximately 9 times the mine emissions during the same periodwhich strengthens the imbalance between new supply and institutional demand. This difference reduces the amount of Bitcoin available on the open market and increases the price’s sensitivity to fluctuations in flows.
Overall, the eight-day streak of inflows confirms the reinvigorated institutional interest in Bitcoin through ETFs, and sustained inflows will reposition these products as one of the primary supply absorption mechanisms in the market.
