US Spot Bitcoin ETFs See $1.97B Inflows Amid 12% April Rally
U.S. spot Bitcoin ETFs drew $1.97 billion in April, their biggest monthly inflow this year, as Bitcoin rose about 12% during the month, data show.
U.S.-listed spot Bitcoin exchange-traded funds attracted $1.97 billion in inflows in April, the largest monthly inflow so far this year, while Bitcoin rose about 12% during the month, according to SoSoValue and CryptoRank data.
April inflows exceeded March’s $1.37 billion. Inflows in March and April have largely offset outflows recorded in January and February, leaving the funds with roughly $1.47 billion in net inflows for 2026. Since their launch, cumulative net inflows to U.S. spot Bitcoin ETFs have topped $58 billion.
Flows were concentrated among a few issuers. BlackRock’s iShares Bitcoin Trust ETF (IBIT) accounted for about $2 billion of net inflows in April. Grayscale Investments’ Bitcoin Trust ETF (GBTC) saw about $280 million in redemptions, the largest outflows among the group. Morgan Stanley’s Bitcoin Trust ETF (MSBT), which began trading April 8, attracted roughly $194 million and did not report any daily outflows during the month.
Late-month redemptions removed some gains: the family of spot Bitcoin ETFs recorded about $490 million in outflows spread over three days in late April, but total monthly flows remained positive. May will bring the 13F filing season, when major institutions disclose first-quarter 2026 holdings in these ETFs.
Interest in other spot crypto ETFs rose in April. Ether funds logged their first monthly inflow since October 2025, taking in about $356 million; however, ether ETFs remain negative for the year with roughly $413 million in net outflows through April and cumulative inflows of about $11.9 billion. XRP-based funds posted $81.6 million in April inflows, bringing year-to-date net inflows to about $124 million and cumulative inflows to roughly $1.3 billion.
Dogecoin ETFs added about $2 million in April, taking cumulative inflows to roughly $9.6 million. Solana ETFs registered $38.7 million in April inflows, the smallest monthly total on record for that product, with cumulative inflows near $1 billion.
Bitcoin’s roughly 12% gain in April was its strongest monthly advance since April 2025, when it rose more than 14%, according to CryptoRank. Fund-level flows and institutional holdings disclosed in upcoming filings will provide further detail on who is buying and selling these ETFs.
The material on GNcrypto is intended solely for informational use and must not be regarded as financial advice. We make every effort to keep the content accurate and current, but we cannot warrant its precision, completeness, or reliability. GNcrypto does not take responsibility for any mistakes, omissions, or financial losses resulting from reliance on this information. Any actions you take based on this content are done at your own risk. Always conduct independent research and seek guidance from a qualified specialist. For further details, please review our Terms, Privacy Policy and Disclaimers.
Articles by this author
