The first quarter of 2025 has not been rosy for the leading cryptocurrency, bitcoin (BTC), and the broader crypto market. As a result, crypto funds like the spot bitcoin exchange-traded funds (ETF) trading in the United States have seen extensive outflows. Since February 2025, the funds have been on an outflow streak, shedding about $5.5 billion in five weeks.
However, according to the on-chain ETF tracker SoSoValue, the funds took in $274.5 million during the business day on Monday, April 17th, displaying rekindled investor interest in the investment funds.
Notably, Monday was a green business day as none of the ETFs, including Grayscale’s GBTC, known for massive outflows since launch, did not record any fund sales.
About five ETFs contributed to the inflow, leaving six in dormant mode. On the forefront was Fidelity’s FBTC, which took in over $127 million. Ark 21shares ARKB seconded the bullish day with $88.5 million, while Bitwise BITB, BlackRock’s IBIT, and Grayscale’s BTC collectively took in over $58 million.
Institutional Acquisitions Boost Inflows
Remarkably, the week started on a good note for BTC as many famous companies added to their bitcoin stash despite the price drop. Famous Japanese publicly traded firm Metaplanet embraced the price downtrend as an opportunity to boost its portfolio. It recently acquired 150 BTC, bringing its total holdings to 3,200 bitcoins.
Similarly, American business intelligence firm Strategy spent about $10.7 million to acquire 130 BTC on Monday, continuing its bi-weekly BTC purchase tradition. The firm now holds 499,226 bitcoins and is just a few units away from reaching the 500,000 BTC milestone.
Is Price Recovery on the Way?
The crypto market is filled with fear and uncertainty as investors have pulled out capital and secured profits by selling off their holdings. Due to this massive pullout, BTC has dropped below the $82,000 mark and continues to build bearish momentum.
Considering the current market condition, Ki Young Ju, CEO of CryptoQuant, an analytics platform, stated that the crypto bull cycle has ended. He added that in the coming 6-12 months, the market would be filled with bearish or sideways price movement.
Meanwhile, the famous asset manager Bitwise predicted that 2025 would be a bullish year with massive ETF inflows and a new all-time high for BTC and other high-market-cap crypto assets.