
U.S. Spot Bitcoin ETFs Pull $1.97 Billion In April, Biggest Monthly Inflow Of 2026
Key Takeaways
- April US spot BTC ETFs drew about $1.97B, largest monthly inflow of 2026.
- Cointelegraph described April inflows as the biggest monthly inflow of 2026.
- SoSoValue data underpin the April inflow figures cited by multiple outlets.
April inflows surge
U.S. spot Bitcoin exchange-traded funds (ETFs) recorded their highest monthly inflow of 2026 in April, with SoSoValue data cited by Finbold showing a net cash inflow of $1.97 billion in April.
“US spot Bitcoin ETFs closed April with $1”
Finbold also said these funds collectively hold Bitcoin worth $100.54 billion on May 1, and that Month over Month (MoM) inflows were $650 million, a 49.24% increase.

Finbold further reported that these baskets accumulated BTC worth $3.29 billion over the past two months, and that year-to-date (YTD) purchases totaled around $1.47 billion at press time.
Cointelegraph similarly said April’s spot Bitcoin ETF flows came alongside a 12% rise in Bitcoin and that BlackRock’s iShares Bitcoin Trust ETF (IBIT) brought around $2 billion in net inflows.
Bitbo and bloomingbit both described April as the biggest monthly inflow of 2026, with Bitbo citing $1.97 billion in inflows and bloomingbit citing combined net inflows of $1.97 billion.
Across the same reporting, Finbold said IBIT closed April with a net inflow of approximately $2.01 billion and brought its assets to $61.91 billion, while Bitbo said IBIT pulled in around $2 billion in net inflows on its own.
Late-month turbulence
Even as April closed with strong net inflows, multiple outlets described late-month redemptions and day-to-day reversals that complicated the picture.
Finbold said Bitcoin price rallied 12.64% over the past 30 days to trade at roughly $77,300 at the time of publication, but it also noted that “during the last two weeks of April, Bitcoin price signaled a potential trend shift amid a renewed sell-off by U.S. investors.”

Finbold added that “amid the decline in spot BTC volumes across all crypto exchanges,” Bitcoin price action in May could rely heavily on spot ETF flows.
Cointelegraph reported that “Late-month redemptions were not enough to offset April's inflows” and that the ETFs saw around $490 million in outflows during three days in late April.
Bitbo similarly said late-month selling created “some turbulence,” with roughly $490 million in outflows across three days in late April, though it “wasn’t enough to dent the monthly total.”
Coinpedia described a more granular pattern, saying early-month demand produced a $663.9M peak inflow while late-month outflows of -$263M and -$137M signaled a shift to more selective institutional positioning.
Bitcoin vs Ethereum flows
The April ETF inflow story extended beyond Bitcoin into Ethereum and other crypto products, with outlets emphasizing divergence between asset classes.
“PiCK US Spot-Bitcoin ETFs Draw $2 Billion in April for Biggest Monthly Inflow of 2026 Published 11:18 AM May 1, 2026 Uk Jin 00 Copy linkTelegramX Forecast Trend Report by Period”
Finbold said the renewed institutional demand for Bitcoin through U.S. spot BTC ETFs “bolstered its bullish momentum in April,” and it linked that to spot ETF flows.
Crypto Briefing, however, framed the end-of-April snapshot as mixed, stating that “Conversely, Ethereum ETFs saw a continued four-day net outflow totaling $23.64 million.”
Cointelegraph reported that Ether (ETH) funds logged their first monthly inflow since October 2025 at $356 million, while also saying Ether ETFs remained in negative territory after four months of 2026 with about $413 million in net outflows year to date.
Bitbo added that Ether ETFs logged their first monthly inflow since October 2025 at $356 million, but also said Ether ETFs remain about $413 million in the red for 2026 year to date, with cumulative net inflows since launch sitting at roughly $11.9 billion.
In a broader altcoin sweep, Cointelegraph said XRP funds surged in April with $81.6 million of inflows, Dogecoin (DOGE) ETFs logged $2 million of inflows, and Solana (SOL) ETFs saw $38.7 million in April inflows, described as “the smallest monthly total on record.”
Whales and weekly reversals
Outside the monthly April totals, ETF flow reporting also highlighted weekly inflow reversals and large-holder behavior tied to broader market conditions.
ETF Trends said Bitcoin exchange-traded products recorded around $1 billion in inflows during the week ending April 24, extending a recovery that began after five consecutive weeks of outflows, citing CoinShares data.

That same report said the reversal pushed year-to-date flows to around $2.4B after reversing a five-week outflow streak, and it linked the move to bitcoin’s 23% rally since the Iran crisis began in late February.
ETF Trends also said large bitcoin holders recorded two consecutive weeks of accumulation for the first time since autumn 2025, and it quoted Matthew Kimmell, investment strategist at CoinShares, saying “After selling an estimated $39 billion worth of bitcoin over five months before conflict began in late February, whales have now recorded two consecutive weeks of net inflows for the first time since autumn 2025.”
The report added that “The sustained selling reduced leverage in the market and exhausted much of the motivated selling,” and that “When fresh demand arrived, little supply overhang remained to absorb it.”
It further said Bitcoin added 4.5% this week alone, even as both gold and equities drifted lower, according to CoinShares, and that BRRR surged 15.3% over the past month.
XRP records and broader ETF landscape
Beyond Bitcoin and Ethereum, the sources also tracked ETF flows into XRP and other tokens, showing that different parts of the crypto ETF market moved on different timelines.
Yellow reported that Spot XRP (XRP) ETFs reached a record $1.29 billion in cumulative net inflows, with net inflows hitting during the week ending Apr. 17 and the following week adding another $15.74 million.

Yellow said that pushed cumulative net inflows to roughly $1.29 billion and that April alone drew $81.63 million, described as “the strongest monthly haul since December.”
The same Yellow report said XRP remained stuck near $1.43 after being rejected at $1.46 earlier in the week, and it quoted analyst Crypto Tony describing a “boring few months” for XRP.
It also quoted Ali Martinez projecting a drop to $0.90 before any move toward $13, and it said XRP had traded between $1.20 and $1.60 for over 60 days.
Cointelegraph added that XRP funds logged their strongest month since December 2025 with $81.6 million of inflows and that DOGE and Solana ETFs posted $2 million and $38.7 million in April inflows, respectively.
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