Bitcoin Holds Near $95,000 as ETF Inflows Surge 23%
1min read Bitcoin has been trading near the $95,000 mark, demonstrating resilience and gaining momentum in the market. This stability is supported by several key factors, including record inflows into US spot Bitcoin ETFs and significant corporate investments.
The cryptocurrency has seen consistent inflows into US spot Bitcoin ETFs, with $591.3 million in net inflows recorded on Monday. This marks the seventh consecutive day of positive flows, indicating strong investor confidence. BlackRock’s IBIT, the largest spot Bitcoin ETF by net assets, was a standout performer, drawing in $970.9 million in net inflows. Other ETFs, such as Ark and 21Shares’ arkb, Fidelity’s FBTC, Grayscale’s GBTC, Bitwise’s BITB, and VanEck’s HODL, saw outflows. Despite the volatility, major support levels continue to hold, giving analysts reason to believe in possible upward movement.
Corporate investment has also played a significant role in Bitcoin’s stability. Strategy, formerly known as microstrategy, disclosed a substantial purchase of 15,355 Bitcoin for $1.42 billion between April 21 and April 27. This acquisition brings Strategy’s total Bitcoin holdings to 553,555 coins, cementing its position as the largest corporate Bitcoin holder. The company has largely funded these purchases through equity and debt issuances, and has seen impressive share gains as investors view it as a vehicle for Bitcoin exposure. Strategy’s shares have outpaced Bitcoin so far in 2025, up 23% compared to Bitcoin’s near 1% rise.
On the regulatory front, the Trump administration is working on more crypto-friendly regulations. The U.S. Commerce Secretary stated in a recent interview that Bitcoin miners could benefit from a recently unveiled investment accelerator by the Commerce Department. The Commerce Secretary also expressed his view of Bitcoin as a commodity, similar to gold, and stated he will encourage government agencies to regard the cryptocurrency in the same way. These comments have raised hopes for a more favorable regulatory environment under the Trump administration, after earlier plans for a Bitcoin national reserve failed to generate much enthusiasm.
While Bitcoin shows strength, other cryptocurrencies have shown mixed performance. Ether traded at $1,793.96, showing little reaction to a project update from the Ethereum Foundation. XRP, Cardano, Solana, and Dogecoin all showed slight declines. Bitcoin’s next major price target is around $96,275, according to crypto analysts. With continued ETF inflows and corporate interest, many market observers are watching closely to see if Bitcoin can break the $100,000 barrier in the coming weeks.
