Wall Street’s Bitcoin skeptics are filing ETFs — and investors responded with $412 million in a single day

US-listed spot Bitcoin ETFs pulled in $411.5 million on Tuesday, the second-largest daily inflow of April, as investor appetite surged following Goldman Sachs’ move to enter the market. The fresh capital pushed total net flows for 2025 into positive territory at around $245 million year-to-date and lifted assets under management above $96.5 billion—the highest since mid-March. BlackRock’s IBIT led the charge with $214 million in inflows, extending its streak to five straight days and totaling roughly $696 million over that stretch. Morgan Stanley’s newly launched Bitcoin Trust ETF (MSBT) added $84 million, maintaining its own five-day inflow run. ARK 21Shares’ Bitcoin ETF (ARKB) brought in $113 million, while Fidelity’s FBTC contributed $45 million. No spot Bitcoin ETF recorded outflows that day. The momentum followed Goldman Sachs’ regulatory filing to launch a Bitcoin-linked ETF, a notable shift for a firm once skeptical of the asset. That move came just after Morgan Stanley’s official launch of its Bitcoin ETF, reinforcing a broader institutional pivot. Investor sentiment strengthened, with the Crypto Fear & Greed Index rising above 20 and Bitcoin briefly climbing above $75,000—the first time since March 17—before settling below $74,000.