Institutional investors poured nearly $1 billion into Bitcoin exchange-traded funds last week, signaling a surge in interest in the asset even as prices fluctuated.
Data shows that 13 different U.S. spot ETFs raised about $996 million in those five days. This trend didn’t slow down as the new week started.
Related reading
On Monday alone, these mutual funds saw another $238 million in net inflows. This steady flow of capital is a major factor behind the current market recovery.
Institutional support stimulates price recovery
The influx of cash occurs at a time when the available supply of cash is increasing Bitcoin is tightening up. When big funds buy coins for their sake ETFsthey remove those coins from the open market.
This could cause a supply shock if demand continues to rise. Analysts expect the momentum of these mutual funds to continue for the rest of the week.
It should be noted that the current market environment supports this trend, as volatility in other sectors decreases. For example, the VIX, which measures stock volatility, has been declining, while gold has been less volatile lately.
The cryptocurrency recovered to the $76,000 region on Monday after the previous weekend’s sharp sell-off. The crypto traded at a level of $78,200 at one point over the weekend and then fell 5% to hit a low of $73,400.
Although the decline occurred, the crypto maintained its key support levels. The move is interpreted as a new risky move.
Now the market is switching to a ‘risk-on’ environment. Reports indicate that the alpha coin is now forming a pattern of higher lows and higher highs on shorter time frames.
I see no reason why the markets shouldn’t move higher.
I’ve mentioned this before, but the risk-off weekend correction is very common #Bitcoin.
It’s a Monday and nothing bad has happened, so risk appetite is returning.
Great rebound and an uptrend in a lower time frame… pic.twitter.com/75VrkzFMRc
— Michaël van de Poppe (@CryptoMichNL) April 20, 2026
The $88,000 resistance zone
The next big hurdle for the market is a resistance band between $85,000 and $85,000 $88,000said crypto analyst Michaël van de Poppe. To reach the top end of that range would require a 15% increase from recent prices.
If Bitcoin can break that ceiling, it could pave the way for a much bigger move. Some market experts believe the price could reach $100,000 in May.
Related reading
These prospects depend on the extent to which the world remains relatively stable. Big geopolitical disruptions could still derail the current upward pressure.
Technical indicators show that the recovery from $73,000 was clean and decisive. This level was crucial for the market to maintain to keep the positive trend alive.
With no major negative news on the horizon, the path to $88,000 appears wide open.
Most observers are keeping a close eye on whether the current buying pace can be sustained. If ETF inflows remain strong, late April could be very active for traders.
Featured image from Meta, chart from TradingView