U.S. Spot Bitcoin ETFs See $532.2M Inflows as BlackRock IBIT Leads

U.S.-listed spot bitcoin ETFs have resumed net inflows, but the recovery is not yet back to the peak reached last fall, according to CoinDesk.

CoinDesk says U.S.-listed spot bitcoin ETFs have attracted $3.29 billion over the past two months, bringing cumulative net inflows since their January 2024 launch to $58.72 billion, still below the $61.19 billion peak reached in October.

Bitbo

CoinDesk also frames the rebound against a prior drawdown, saying the current rebound has not yet fully offset the $6.38 billion in outflows seen between November 2025 and February 2026.

CoinDesk notes that May began on a positive note with ETFs registering a net inflow of $629 million on Friday.

Bitbo reports a more granular day-by-day picture, saying U.S. spot bitcoin ETFs recorded $532.2 million in net inflows on May 4, marking a third consecutive session of positive flows as bitcoin climbed back above $80,000.

Bitbo adds that the three-day run added a combined $1.18 billion in capital, following inflows of $629.7 million on May 1 and $14.8 million on April 30.

Bitbo says BlackRock’s IBIT at $335.5 million and Fidelity’s FBTC at $184.6 million led, while the remaining 10 funds reported zero flows for the day.

On May 4, multiple outlets described a strong inflow day for U.S. spot bitcoin ETFs, with BlackRock’s iShares Bitcoin Trust (IBIT) and Fidelity’s FBTC taking the lead.

Bitbo says U.S. spot bitcoin ETFs recorded $532.2 million in net inflows on May 4, and that the three-day run added $1.18 billion in capital, after inflows of $629.7 million on May 1 and $14.8 million on April 30.

Bitcoin Magazine

Bitbo reports that BlackRock’s IBIT led with $335.5 million in net inflows, while Fidelity’s FBTC added $184.6 million, and Morgan Stanley’s MSBT contributed $12.2 million.

Bitbo also states that the remaining 10 funds, including Grayscale’s GBTC, reported zero flows for the day, with no products posting outflows.

bloomingbit likewise reports $532.19 million in total net inflows on May 4, citing Trader T, and it again highlights IBIT’s dominance at $335.46 million and FBTC’s $184.57 million.

bloomingbit says Morgan Stanley’s MSBT posted net inflows of $12.16 million, with the remaining products recording no net flows.

Crypto Briefing ties bitcoin and ethereum ETF inflows to May 4 figures of $532 million and $61.29 million and links them to “ongoing geopolitical tensions involving the U.S. and Iran.”

Crypto Briefing tied the May 4 inflow rebound to geopolitical tensions involving the U.S. and Iran.

“A volatile week in crypto exchange-traded funds (ETFs) ended on a strong note for bitcoin, where a late surge in inflows reversed an otherwise weak start”

Bitcoin News

Crypto Briefing said the inflows were “amid ongoing geopolitical tensions involving the U.S. and Iran” and noted “volatile oil prices and conflict-related risks.”

Cointelegraph linked the ETF surge to “its post-ceasefire recovery in risk appetite.”

Cointelegraph connected the backdrop to “Operation Freedom,” deploying 15,000 personnel to secure shipping lanes through the Strait of Hormuz, and said Iran warned the move could violate the existing ceasefire framework.

Cointelegraph quoted Bitunix analysts describing a “concentrated short-side liquidity squeeze in the $79,500-$81,000 range” behind BTC reclaiming $80,000.

CoinMarketCap added that the Crypto Fear & Greed Index fell to 19 on Wednesday, reflecting unease tied in part to geopolitical tensions.

Cointelegraph also said “the bigger picture is more complicated” as macro and geopolitical forces increasingly drive crypto price action.

Outlets agree on a strong inflow day around May 4, but they differ on exact totals and on how they frame the broader trend.

Bitbo reports $532.2 million net inflows on May 4, while bloomingbit reports $532.19 million and Crypto Briefing says $532 million.

bloomingbit

CoinMarketCap describes a separate Tuesday session with $225.2 million in net inflows, and it attributes the net result to BlackRock’s IBIT taking in $322.4 million.

CoinMarketCap says Fidelity's Wise Origin Bitcoin Fund shed $89.3 million and Grayscale's Bitcoin Trust ETF lost $28.2 million, citing Farside data.

CoinMarketCap says the Tuesday result pushed the weekly total to $683.3 million and followed last week’s $787.3 million in inflows, ending a five-week outflow streak totaling nearly $4 billion.

CoinDesk emphasizes the longer arc, saying the recovery is “real but incomplete” because cumulative net inflows are still below the $61.19 billion October peak.

CoinDesk also highlights $6.38 billion in outflows between November 2025 and February 2026 as the gap the rebound has not yet fully offset.

The sources describe what investors are watching next, tying ETF flows to price levels, sentiment, and geopolitical developments.

“PiCK US Spot-Bitcoin ETFs Draw $532”

bloomingbit

CoinDesk says “Whether it gains enough momentum remains to be seen in the days ahead,” after noting the recovery is incomplete versus the October peak.

bloomingbit

Bitbo says the inflow surge coincided with bitcoin regaining the $80,000 level early Monday and reports bitcoin changing hands at around $80,630, up 1.1% over the prior 24 hours.

Cointelegraph says BTC reclaimed $80,000 after a short-side liquidity squeeze and that the $77,000-$78,000 zone is acting as primary support for leveraged longs.

Crypto Briefing says observers should monitor further ETF inflow data and geopolitical developments, “particularly involving U.S.-Iran relations,” and it names BlackRock and figures including Vitalik Buterin and Michael Saylor.

CoinMarketCap adds that Ray Dalio criticized Bitcoin and that Matt Hougan responded, including “These are the reasons Bitcoin is 4% the size of gold.”

CoinMarketCap also quotes Hougan saying “If these critiques did not exist, Bitcoin would already be around $750,000 per coin.”