The post Bitcoin ETF Inflows Spike Post-Trump: Is BTC Set for a New High? appeared first on Coinpedia Fintech News
The U.S. spot Bitcoin (BTC) exchange-traded funds (ETFs) were not spared in the wider market selloff after the second inauguration of U.S. President Donald Trump. Since the second week of February 2025, the U.S. spot Bitcoin ETFs have recorded conservative weekly cash inflows totaling about $5.4 billion.
However, the ongoing macroeconomic shift, as investors get to factor in the U.S.-led tariff wars, has triggered a renewed demand for Bitcoin. Moreover, more institutional investors are betting on Bitcoin price to follow in the footsteps of gold price, which reached a new all-time high earlier today.
BlackRock’s IBIT Leads in Fresh Bitcoin Accumulation
In a recent interview, Robbie Mitchnick, the global head of digital assets at BlackRock, noted that institutional adoption is still not yet reflected in the recent price action. As a result, investors at BlackRock’s IBIT have accelerated the accumulation of Bitcoin in anticipation of catching a larger bullish wave.
In the last two days, BlackRock’s IBIT has recorded a net cash inflow of about $260 million. Consequently, IBIT has recorded a cumulative net cash inflow of about $39.5 billion.
Meanwhile, the U.S. spot BTC ETF issuers have recorded a total net inflow of about $483 million since the beginning of this week. On Tuesday, the U.S. spot BTC ETFs recorded a net cash inflow of about $209 million, thus currently boasting a total net assets of about $91.9 billion.
Also Read : Bitcoin Price Prediction For March 19 ,
Midterm Targets for BTC Price
In the daily timeframe, Bitcoin price has been forming a possible reversal pattern, characterized by an inverted head and shoulders (H&S) pattern. As Coinpedia noted earlier today, the flagship coin is hovering at a crucial crossroads, which could either lead to a rally towards $109k or a further dip towards $71k.
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