After months of uncertainty and a capital drain that seemed endless, bitcoin ETFs have managed to consolidate a key recovery. According to the most recent data from CheckonChain, the market has recorded four consecutive weeks of positive net flows, accumulating inflows exceeding $2,428.7M. This shift in trend marks the definitive end of the liquidation wave that had been dragging the sector down since October 2025, restoring optimism to institutional investors during a period of peak global tension.
The Return of the Giant: Four Weeks of Institutional Euphoria
The crypto market narrative has performed a total 180-degree turn. What began as a timid recovery in early March has transformed into a solid trend. Capital flow into bitcoin ETFs has not only stabilized but accelerated, reaching its peak during the week of 04-19-2026 with a massive inflow of $925.4M, the highest figure recorded since January.
Since March 1, buyer resilience has been notable. Aside from a slight outflow of -$288.4M at the end of March, interest in bitcoin consistently outpaced selling pressure, driving its price from $65,249 to $77,721 as of the April 24 close.
April’s performance has been a decisive factor for the asset’s price action:
| Week Ending | Net Flow (USD) |
|---|---|
| 04-05-2026 | +$22.2M |
| 04-12-2026 | +$771.4M |
| 04-19-2026 | +$925.4M |
| 04-24-2026 | +$709.7M |
| 4-Week Total | +$2,428.7M |
Safe Haven in the Strait of Hormuz and the “Warsh Effect”
This rally is not happening in a vacuum. Two macroeconomic factors are acting as catalysts. First, the crisis in the Strait of Hormuz has revived the thesis of bitcoin as a safe-haven asset. Faced with instability in trade routes and geopolitical risk, capital is flowing into the Bitcoin network in search of a decentralized and global alternative.
On the other hand, investors have their eyes fixed on Washington. This Wednesday, April 29, marks a historic milestone: Jerome Powell will hold his final press conference after years leading the Federal Reserve. The market is bracing for the Kevin Warsh era, whose appointment generates expectations regarding a potential shift in monetary policy and interest rate management.
Where Are We Headed?
The ecosystem is demonstrating enviable maturity. The absorption of selling pressure by bitcoin ETFs suggests that institutions are leveraging volatility to accumulate. In the short term, the $77,000 level acts as a key psychological support. If the Fed transition is perceived as favorable for risk assets, we could be on the verge of a new rally to test all-time highs.
Disclaimer: This information does not constitute financial advice. Crypto-asset investments carry high risk. Conduct your own research before investing.
Communications Professional. Crypto Enthusiast. Economic Journalist. Bitcoiner & Altcoiner.
