You Won’t Believe What’s Sending Bitcoin Prices Into Orbit! 🚀

by

Picture this: The US Bitcoin ETF is less “pot of gold at the end of the rainbow” and more “vault bulging so hard the hinges are squeaking.” Yes, Bitcoin shot up to $95,000 on Tuesday, teasing $96,000 like a cat with a sock. Crypto fans, break out your celebratory memes and ill-advised FOMO tweets: the “digital gold” party isn’t close to last call. Analysts are polishing their bullish glasses, seeing more upside in the days ahead (which, to be fair, is a pretty standard crypto analyst hobby).

Bitcoin ETF Inflows Surge (But Try Not to Faint)

On Monday, Bitcoin ETF inflows were a beefy $591 million, followed by a “mere” $172.8 million on Tuesday. For context, if you stacked all that in singles, you’d have the world’s riskiest Jenga tower. With Bitcoin now 50% up since the start of the year, the markets are treading just a little nervously, the way you do when you’re holding a plate of soup near a white rug. Is $96,000 next? The charts are arching their eyebrows in anticipation.

Over the last week, Bitcoin’s price hasn’t just stretched—it’s done full-on yoga. US Spot BTC ETFs are hoarding inflows like dragons with a taste for blockchain, racking up a stunning $39 billion since early 2025. Somewhere, an accountant is crying tears of joy (or confusion).

BlackRock’s iShares Bitcoin Trust (IBIT) was the prom king of inflows on Tuesday, grabbing $216 million. Everyone else either brought home nothing or, in crypto’s special twist, negative numbers. Nevertheless, 9 out of 10 US spot ETFs have enjoyed positive inflows in the last 20 days, which sounds impressive unless you’re the 10th ETF, in which case…awkward.

Meanwhile, Grayscale’s GBTC continues its slow Kabuki dance out the door, losing $69.9 million. Post-conversion blues, per Farside Investors’ data. It’s not a hemorrhage, but it’s definitely not “winning at life” either.

Will Bitcoin Price Actually Fly, Or Are We All Being Trolled?

Macro sentiment is in the mix. The Fed’s pretending to be Zen about interest rates, and that terrifying in-law called inflation has wandered to the kitchen for snacks. All eyes are fixed on the $96K resistance point; if Bitcoin bulldozes through, $100K could be right around the corner, presumably fist-bumping the $106K “Matrixport report” target in the process.

Fun stat: On Tuesday, Bitcoin’s Realized Capitalization hit a record-breaking $882.2 billion. This doesn’t mean you get a free Lambo if you log into Coinbase, but it does signal that investors are starting to believe again (cue the choir). Historically, when this number beefs up, BTC’s price usually follows with matching pyrotechnics.

But don’t rush to update your LinkedIn just yet: this is crypto. “Volatility” might as well be the official mascot—imagine a squirrel on espresso. ETF flows jump, regulatory goblins lurk in the shadows, and leverage is so frothy you could shave with it. Still, the truth is, right now, institutional investors are backing up the truck and dumping money in by the maternity ward load.

The institutional fever hit a new high when Cantor Fitzgerald birthed a $3.6 billion crypto venture dubbed Twenty One Capital. It’s got the SoftBank, Tether, and Bitfinex stamp of approval, and plans to launch with over 42,000 bitcoins—making it the third-largest bitcoin treasury in history. Just another Tuesday in crypto land.

And if you’re looking for more records, BlackRock’s BTC ETF squeezed out nearly $1 billion in inflows, prompting analysts to say things like “2025 ETF inflows could top $50 billion,” and “don’t quote me on this.” Sustained institutional demand, they call it. I call it a stampede in a digital china shop. 🐂💥

Read More

2025-04-30 13:29