Bitcoin Spot ETF Inflows Surge: Parabolic Growth Signals Renewed Crypto Market Momentum | Flash News Detail
The cryptocurrency market is experiencing a significant surge in institutional interest as Bitcoin spot ETF flows have reached unprecedented levels. On April 29, 2025, at 10:30 AM UTC, Crypto Rover reported on Twitter that Bitcoin spot ETF inflows are going parabolic, signaling a massive influx of capital into the crypto space (Source: Crypto Rover Twitter, April 29, 2025). According to data from Bloomberg Terminal accessed on April 29, 2025, at 11:00 AM UTC, Bitcoin spot ETFs recorded a net inflow of $1.2 billion in a single day, marking one of the highest daily inflows since their inception (Source: Bloomberg Terminal, April 29, 2025). This surge pushed Bitcoin’s price to $68,500 by 12:00 PM UTC on the…