Bitcoin ETF Inflows See Largest Inflows Since January

• BTC rally linked to renewed institutional interest shown via strong US spot Bitcoin ETF inflows
• Trump’s support for Fed Chair Powell & softer China trade tone cited as boosts
• ETH, SOL, XRP also posted gains; analysts eye potential new BTC ATH test

A few hours ago, Bitcoin reached $94k, its highest level in nearly two months. This rally is accompanied by big inflows into US spot Bitcoin exchange-traded funds (ETFs), as it seems there’s a renewed institutional interest in the cryptocurrency market.​

On Monday, US-listed Bitcoin ETFs recorded net inflows of $381.3 million, the largest single-day inflow since late January. The ARK 21Shares Bitcoin ETF (ARKB) led with $116.1 million, followed by Fidelity’s Wise Origin Bitcoin Fund (FBTC) with $87.6 million, and Grayscale’s funds collectively attracting $69.1 million.

Policy Signals Seen Fueling Confidence

All of this is likely due to the recent political developments. Namely, Donald Trump’s decision to retain Jerome Powell as Federal Reserve Chair has alleviated some economic uncertainties, particularly the crypto industry, and especially since Trump wanted Powell gone and threatened to fire him.

Then, Trump also softened his stance on China and the tariffs, recently saying that the administration will notably decrease China tariffs, although they won’t be zero.

Broad Market Recovers, Bitcoin Eyes Highs?

Naturally, this all affected cryptocurrencies in a positive way. Apart from Bitcoin, other cryptocurrencies also saw a boost. For instance, Ethereum surged 10% in the last 24 hours while XRP, Solana, and most others had a similar increase in value.

The ongoing development is great news for crypto, more so considering that only a few weeks prior, Bitcoin and the rest had it rough, with Bitcoin’s price dropping below $75k. All of these current factors collectively underscore a bullish outlook for Bitcoin, with some analysts suggesting that if current trends persist, the cryptocurrency could test new all-time highs in the near future.

Crypto on the Rise

Beyond Bitcoin, the entire cryptocurrency market looks to be evolving as of late. Altcoins are gaining traction, with increased investor interest and technological advancements driving their adoption. Some key factors might even indicate an altseason this year. Stablecoins aren’t lagging behind either, with coins like USDC and EURC being integrated into payment systems, such as the recent Circle announcement.

DeFi is also witnessing an expansion, with major players like JPMorgan exploring DeFi protocols for bond settlement, repo trading, and money market instruments. If these trends continue and the infrastructure around digital assets continues to develop, the cryptocurrency market is poised for sustained growth.