US spot Bitcoin ETFs have recorded an impressive $2.68 billion in inflows over a single week in late April, including five consecutive days of positive flows. This surge in investment comes after a period of volatility earlier in the year, demonstrating the resilience of institutional demand for regulated exposure to the leading cryptocurrency.

By late April, these ETFs were approaching the erasure of their year-to-date losses, with Assets Under Management (AUM) returning to approximately $108 billion. This recovery indicates both sustained institutional interest and growing retail participation through these regulated investment vehicles.

BlackRock's IBIT led the inflows, capturing approximately 45% of the weekly total, followed by Fidelity's FBTC and Ark/21Shares' ARKB. This distribution suggests broad-based interest across different investment platforms and customer segments rather than concentration in a single product.

Market analysts attribute this renewed ETF demand to several converging factors. The improving regulatory clarity in the US, signaled by multiple agencies adopting more constructive stances toward digital assets, has likely reduced institutional concerns about regulatory risk. Additionally, Bitcoin's recovery from early April price declines has reaffirmed its resilience, potentially attracting investors seeking assets that can withstand market turbulence.

The strong inflows into Bitcoin ETFs stand in contrast to the outflows observed in some traditional equity funds during the same period, suggesting a potential shift in institutional allocation strategies that increasingly view Bitcoin as a legitimate portfolio component rather than merely a speculative alternative asset.