Matrixport: Bitcoin ETF Fund Inflow Dominated by Top Institutions, Reflecting Strong Institutional Demand over Retail Broad Participation

BlockBeats News, April 16th, Matrixport shared today's market view, stating that by 2025, the net inflow of funds into Bitcoin ETFs was only slightly above zero, despite a strong start to the year, with a peak inflow of nearly $5.5 billion. This phenomenon is quite unexpected as Bitcoin has outperformed U.S. tech stocks this year, and gold has also hit an all-time high.

It is worth noting that the total net inflow into Bitcoin ETFs is $35.5 billion, with BlackRock accounting for $39.6 billion and Fidelity for $11.4 billion, together holding the vast majority of the share. In contrast, the inflows from other ETF issuers are relatively limited.

This indicates that the current buying pressure is more likely to come from a specific institutional client base rather than being mainly driven by widespread retail funds—if it were the latter, the inflows would be more evenly distributed among various ETF providers.