BlackRock IBIT Leads $162.8M Weekly Bitcoin ETF Inflows

BlackRock’s IBIT led inflows among bitcoin spot ETFs, drawing $136.6 million during the trading week that ran April 27 through May 1. Bitcoin spot ETFs as a group recorded net inflows of $162.8 million for the period.

The first three sessions of the week saw steady withdrawals and net redemptions. A concentrated $630 million inflow on Friday reversed those earlier outflows and produced the positive weekly balance. Daily trading volumes for bitcoin ETFs frequently exceeded $1 billion during the week.

Other bitcoin funds with inflows included Ark & 21Shares’ ARKB, which added $50.1 million, Fidelity’s FBTC with $48.5 million and Morgan Stanley’s MSBT with $15.3 million. Smaller additions were recorded in Bitwise’s BITB and a Grayscale bitcoin product. Separately, Grayscale’s GBTC posted $73.6 million in outflows for the week.

Bitcoin spot ETFs posted net gains for a fifth consecutive week, totaling about $2.8 billion over that stretch.

Ether-focused ETFs registered $82 million in net outflows for the week. BlackRock’s ETHA lost about $71.45 million and Fidelity’s FETH shed roughly $50.26 million. BlackRock’s ETHB attracted $44.5 million on select days, partially offsetting redemptions but not reversing the overall outflow.

XRP ETFs recorded a marginal net outflow of $35,000. Solana ETFs posted net redemptions of about $1.2 million and had several sessions with no trading activity.

During April 27–May 1, flows concentrated into select bitcoin products, several ether funds experienced net outflows and XRP and Solana ETFs showed limited activity.