Bitcoin spot ETFs extend inflow run to nine sessions, bringing total to $2.1 billion

Bitcoin spot ETFs posted a ninth straight trading session of net inflows on April 24, adding $14.45 million on the day, according to SoSoValue data cited by Odaily Planet Daily. The current run has brought cumulative inflows to about $2.1 billion, the longest streak since September 2025. Over the past week, spot Bitcoin ETFs attracted $823.7 million in total. BlackRock's IBIT led the group with $983 million of weekly inflows, its strongest pace in nearly six months. CryptoQuant founder Ki Young Ju said Bitcoin's market action is being driven primarily by futures, with open interest still climbing. He added that on-chain apparent demand remains negative aside from ETF inflows and MicroStrategy purchases. CEX.IO's chief analyst attributed the recent price surge largely to short liquidations. Since April 13, total short liquidations have reached roughly $2.8 billion, well above long liquidations of $1.8 billion. Analysts also noted that part of the ETF bid could reflect calendar arbitrage, such as buying IBIT while shorting CME futures to capture the spread. This market-neutral approach does not necessarily signal outright bullish positioning. In options, the 25-delta skew is currently negative, suggesting investors are paying up for downside protection.