Last week, Lookonchain reported significant net inflows into Bitcoin
$94,104investment vehicles. According to the data, Bitcoin ETFs experienced net inflows amounting to approximately $2.78 billion, equivalent to 29,321 BTC. The current price trajectory of Bitcoin, surpassing $90,000, has drawn considerable attention.
Bitcoin ETF Performance
The analytical firm Lookonchain noted a remarkable increase across ten Bitcoin ETFs over the past week. Notably, iShares (Blackrock) saw an inflow of 3,500 BTC, raising its total holdings to 586,164 BTC. Detailed figures regarding overall inflows have not gone unnoticed by market participants.
Lookonchain: “April 25 Update: Net Flow for 10 Bitcoin ETFs: +5,037 BTC (+$477.93 million). iShares (Blackrock) reached 586,164 BTC with a 3,500 BTC inflow. For nine Ethereum 
$1,800ETFs, Net Flow: +31,199 ETH (+$55.5 million); iShares (Blackrock) holds 1,184,959 ETH with a 22,704 ETH inflow.”
Additionally, nine Ethereum ETFs reported net inflows of 20,518 ETH, valued at approximately $36.5 million over the same period. According to SoSoValue data, U.S.-based Bitcoin investment vehicles have attracted a total of $109.27 billion, while Ethereum investment vehicles garnered $6.14 billion. This data illustrates how quickly institutional interest has surged in just one year.
SUI Coin
The analytical firm also conducted an in-depth analysis focusing on the Layer-1 protocol SUI. Last week, SUI recorded a remarkable 60% increase in value, accompanied by significant improvements in fundamental indicators. The total locked value surged by 38% to $1.645 billion, while the 24-hour trading volume climbed 177% to reach $599 million. The value of stablecoins used in transactions also experienced an approximate 82% increase over the past two months.
Lookonchain: “SUI price increased by 60% last week. TVL rose by 38% to $1.645 billion. DEX volume reached $599 million with a 177% increase in 24 hours. The amount of stablecoins on SUI rose from $482 million to $879 million, an increase of 82%.”
Meanwhile, Bitcoin is trading at around $94,879, while Ethereum is at $1,793. The observed increases in market data present various evaluation opportunities for audiences regarding the related investment vehicles and digital assets. In light of current data, the relationships between ETFs and altcoins continue to remain significant for market participants.
