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Major Bitcoin ETF Issuers Snap Up $220M in BTC Despite Market Drop…

Major Bitcoin ETF Issuers Snap Up $220M in BTC Despite Market Drop

Tatevik Avetisyan
By Tatevik Avetisyan 4 Min Read

YEREVAN (CoinChapter.com) — Major Bitcoin ETF issuers acquired $220 million worth of BTC on April 3, according to data from Arkham Intelligence and SoSo Value. The inflow happened during increased market volatility and global economic concerns. Despite Bitcoin’s unstable price over recent days, top ETF firms including Grayscale, Fidelity, and Ark Invest continued accumulating Bitcoin.

Arkham Intelligence reported that wallets linked to these ETF issuers showed significant onchain activity. The firm confirmed multiple large transactions that align with known addresses used by Grayscale, Fidelity, and Ark Invest. Arkham also shared on social media,

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“Donald Trump just tariffed the entire world. So? Grayscale is buying Bitcoin, Fidelity is buying Bitcoin, Ark Invest is buying Bitcoin.”

Grayscale, Fidelity, and Ark Invest Bitcoin Accumulation Visualized by Arkham After Trump Tariff Shock. Source: Arkham
Grayscale, Fidelity, and Ark Invest Bitcoin Accumulation Visualized by Arkham After Trump Tariff Shock. Source: Arkham on X

The statement followed Trump’s announcement of higher-than-expected tariffs, which came after the U.S. stock market had closed.

BTC Inflows Remain Strong Despite Market Reactions

Bitcoin ETF inflows reached $220 million on April 3, as recorded by SoSo Value. This amount was notable, especially considering that traditional markets were experiencing wider liquidations at the same time. The inflows occurred just before Trump’s tariff announcement, which added to existing recession fears and global market pressure.

While it is not yet clear how April 4 performed, the previous day’s data shows strong institutional positioning. Retail markets reacted more sharply to the economic headlines, but the ETF issuers appeared to maintain or increase their holdings. Bitcoin’s price fluctuations over the last two days did not lead to outflows in the ETF space.

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Arkham Intelligence Highlights ETF Wallet Activity

According to Arkham Intelligence, wallet activity showed that large amounts of BTC moved into addresses linked to ETF issuers. These included multiple seven-figure BTC transactions from cold storage.

Arkham’s tracking tools connected this behavior to wallets previously identified as belonging to Grayscale, Fidelity, and Ark Invest. Although the platform did not confirm exact BTC figures for each issuer, the movement patterns pointed to coordinated accumulation.

The Bitcoin long short ratio also shifted during this period. Coinglass reported that the ratio moved from 0.94 last week to 1.0 on April 4. A ratio of 1.0 means long and short positions are now balanced across the market. Previously, 48.5% of traders held long positions while 51.5% were short. The new figures show a small rise in long positions, now at 50.5%, with 49.5% short.

Bitcoin Long Short Ratio Reaches 1.0 on April 2 After Weeks of Bearish Pressure. Source: Coinglass
Bitcoin Long Short Ratio Reaches 1.0 on April 2 After Weeks of Bearish Pressure. Source: CoinglassBitcoin Long Short Ratio Reaches 1.0 on April 2 After Weeks of Bearish Pressure. Source: Coinglass

This balance in derivatives positioning may reflect a pause in sentiment shifts. While the ETF inflows continued, traders in the derivatives market appeared to adopt a neutral stance. The adjusted long short ratio indicates reduced bearish pressure compared to the prior week.

At the moment of writing, Bitcoin (BTC) trades at $83,563 on Binance, up 1.42% for the week. The price remains above the 50-week moving average of $76,617 and the 200-week moving average of $45,622, based on TradingView data.

Bitcoin Price Holds Above $83000 With Strong Weekly Support From 50 and 200 MA Levels. Source: TradingView
Bitcoin Price Holds Above $83000 With Strong Weekly Support From 50 and 200 MA Levels. Source: TradingView
Tatevik Crypto Journalist CoinChapter

Tatevik Avetisyan

Tatev Avetisyan is a Markets Writer and Analyst at CoinChapter, covering cryptocurrency markets, policy, and regulation. With over seven years of experience in business and marketing development, she has spent the past two years specializing in digital assets and has authored more than 2,000 articles on crypto markets and regulatory developments.She contributes as a guest writer to leading industry publications and is a prominent Web3 advocate in Armenia through Web3Armenia. Her work reflects a broader focus on artificial intelligence and Web3 technologies. Tatev maintains a diversified crypto portfolio, with Bitcoin as her primary holding above CoinChapter’s $1,000 disclosure threshold.