
Bitcoin ETFs recorded about $1 billion in inflows during the week of April 17, marking the strongest weekly inflow since January. This surge has contributed to Bitcoin's price rising from $68,000 to above $80,000 over seven weeks of positive inflows. Institutional demand, led by BlackRock and Fidelity, is outpacing Bitcoin's daily mining output, tightening supply and improving market sentiment. If ETF inflows continue and the CLARITY Act passes, Bitcoin could reach $90,000 to $100,000 by the end of Q2, with potential to hit $150,000 if regulatory clarity is achieved swiftly.