Bitcoin ETFs, known as exchange-traded funds, experienced a net inflow of $203 million on Friday, April 6, marking the fourth consecutive day of positive flow. On the contrary, Grayscale's GBTC saw its net assets decrease by $198 million on the same day, bringing total net withdrawals to $15.51 billion. BlackRock's iShares Bitcoin Trust, with the ticker IBIT, led the market with a single-day inflow of $308 million, totaling $14.77 billion in inflows. Bitcoin ETFs, however, faced a net outflow of $85.8 million on Monday, April 1 - the only negative flow in the past ten days, causing a drop in BTC price to $65,000.

The consecutive days of inflows have aided Bitcoin in recovering past $67,000. Institutional investments, particularly after the SEC approved Bitcoin ETFs in January, have been major players in BTC's market movements. Despite recent price corrections, experts like SkyBridge's Anthony Scaramucci anticipate a significant rally for Bitcoin post its halving later this month. Bitcoin Cash (BCH), a derivative of Bitcoin, surged more than 10% right after its halving. As the market looks forward to a similar impact on BTC due to historical data suggesting substantial price spikes post halvings, there is anticipation surrounding Bitcoin's future performance.