BlackRock IBIT Tops $824M Bitcoin ETF Inflows for Week

Between April 20 and April 24, bitcoin spot ETFs received $823.7 million in net inflows, led by BlackRock’s IBIT, which accounted for $732.6 million of the total. Ark & 21Shares’ ARKB recorded $59.6 million in inflows and Morgan Stanley’s MSBT added $50.7 million. Fidelity’s FBTC attracted $24.9 million. Grayscale’s GBTC posted $59 million in net outflows, Bitwise’s BITB saw $13.8 million in redemptions and Vaneck’s HODL fell by $5.9 million. Smaller providers including Valkyrie’s BRRR and WisdomTree’s BTCW had modest positive flows. April has recorded four consecutive weeks of net inflows to bitcoin ETFs, totaling about $2.6 billion for the month so far.

Ether-focused ETFs posted $155 million in net inflows for the week. BlackRock’s ETHA and ETHB led ether flows, with ongoing purchases of Fidelity’s FETH. The group experienced a midweek outflow that ended a 10-day streak of inflows, followed by a recovery on Friday. Grayscale’s Ether Mini Trust continued to draw steady inflows while the ETHE product faced intermittent redemptions.

XRP ETFs added $16 million in net inflows for the week, driven mainly by demand for funds from Bitwise and Franklin. Solana ETFs added $9.4 million, with a midweek lift in Bitwise’s product supported by contributions to Fidelity’s FSOL and Vaneck’s VSOL. Activity in XRP and Solana was smaller than in bitcoin and ether but produced net asset growth for those funds.

Most of the week’s inflows were concentrated in larger, lower-fee and more liquid funds, while several older or higher-fee products recorded outflows. Market activity showed reallocations within the ETF complex across issuers and asset types rather than broad exits from crypto exposure.

Across bitcoin, ether, XRP and Solana ETFs, net inflows totaled roughly $1.004 billion for the April 20-24 week.