Investments in Bitcoin exchange-traded funds (ETFs) have surged back to rates not observed since January, indicating a revitalization in investor sentiment following worries regarding global trade tariff intensifications.
US spot Bitcoin (BTC) ETFs attracted over $912 million in total net inflows on April 22, representing their highest daily capital influx in over three months since January 21, according to data from Farside Investors.
“Bitcoin ETPs just experienced the largest daily inflow since January 21, illustrating a significant turnaround in sentiment,” stated James Butterfill, CoinShares’ head of research.
Related: Analyst claims Bitcoin still on course for $1.8M by 2035
Investor morale seemed to improve following US President Donald Trump’s assertion that import duties on Chinese merchandise will “decrease significantly,” indicating a more conciliatory approach in discussions.
The reduction in tensions along with rising ETF investments propelled Bitcoin’s value above $93,000 for the first occasion in seven weeks, as reported by Cointelegraph on April 23.
The increasing institutional investment and the presence of ETFs could also speed up the historic four-year cycle and push BTC to new peaks before the conclusion of 2025, experts indicated to Cointelegraph.
Weakness in the US dollar could enhance Bitcoin’s appeal as a safe haven
The diminishing strength of the US dollar may further drive the growing appetite for Bitcoin among investors.
The US Dollar Index (DXY), which assesses the dollar’s status against a collection of prominent fiat currencies, has dropped nearly 9% since the onset of 2025, reaching an over three-year low of 98.8 last recorded in April 2022, as shown by TradingView.
“Macro elements such as a faltering dollar and increasing correlation with gold,” could bolster Bitcoin’s role as a safeguard against economic fluctuations, according to Ryan Lee, chief analyst at Bitget Research, who spoke to Cointelegraph.
Related: Crypto and stocks enter a ‘new phase of trade conflict’ as US-China tensions escalate
Bitcoin is no longer influenced by technology’s shadow
Cryptocurrency and conventional stock markets are “balancing precariously between political turmoil and economic facts,” with Bitcoin experiencing a notable resurgence driven by “strong ETF inflows, institutional purchases, and a weakening US dollar,” according to Iliya Kalchev, an analyst at Nexo:
“Bitcoin’s resilience in the face of dollar decline, record gold prices, and renewed institutional purchases indicates a market reassessing what safety entails.”
“The dialogue has evidently evolved. Bitcoin no longer operates in the shadows of technology—it is becoming a lens through which macroeconomic uncertainty is evaluated,” he elaborated.
Nansen CEO Alex Svanevik also commended Bitcoin’s strength, remarking that the asset is transitioning from “less Nasdaq to more like gold” in recent weeks, increasingly functioning as a refuge asset during economic distress, yet worries regarding a recession might restrict its upward price movement.
On April 21, BitMEX co-founder Arthur Hayes estimated that this might be the “final opportunity” to acquire Bitcoin below $100,000, suggesting that the impending US Treasury buybacks could be the next major impetus for Bitcoin’s price.
a significant enhancement in sentiment,” stated James Butterfill, head of research at CoinShares, in a post on X dated April 23.
Related: Analyst predicts Bitcoin still on course for $1.8M by 2035
Investor sentiment showed remarkable improvement after US President Donald Trump remarked that tariffs on Chinese products are “set to decrease significantly,” indicating a more conciliatory tone in discussions.
The marked decrease in tensions and the rising ETF investments propelled Bitcoin’s price beyond $93,000 for the first time in seven weeks, as reported by Cointelegraph on April 23.
The increasing institutional investments and the emergence of ETFs could potentially expedite the historic four-year cycle and elevate Bitcoin to new peaks before 2025 concludes, analysts informed Cointelegraph.
Related: Crypto and stocks enter a ‘new phase of trade war’ as tensions between US and China escalate
Bitcoin no longer operating in the “shadows of technology”
Crypto and traditional stock exchanges are “navigating a precarious path between political intrigue and economic realities,” with Bitcoin mounting a notable recovery due to “robust ETF influxes, institutional investments, and a declining USD,” as per Nexo dispatch analyst Iliya Kalchev.
The analyst elaborated to Cointelegraph, stating:
“Bitcoin’s vigor amidst dollar weakness, record gold values, and renewed institutional accumulation signifies a market reassessing its notion of safety.”
“The dialogue has evidently changed. Bitcoin is no longer positioned in the shadows of technology — it is evolving into a lens through which macroeconomic uncertainties are evaluated,” the analyst remarked.
Nansen CEO Alex Svanevik additionally commended Bitcoin’s tenacity, highlighting that the evolving asset is becoming “less like Nasdaq — more akin to gold” over the past fortnight, increasingly serving as a secure asset in times of economic disarray, although worries about a potential recession might constrain its price movement.
On April 21, BitMEX co-founder Arthur Hayes forecasted that this could be the “final opportunity” to acquire Bitcoin beneath $100,000, as ensuing US Treasury buybacks may indicate the next significant driver for Bitcoin price.
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