April Sees Record $2B Bitcoin ETF Inflows as 2026 Momentum Builds
Spot Bitcoin ETFs in the United States recorded impressive April performance amid Bitcoin's rally, with IBIT spearheading the momentum despite outflows emerging toward month's end.
Exchange-traded funds tracking Bitcoin (BTC) listed in the United States concluded April with positive results as the cryptocurrency experienced gains throughout the month.
According to data from SoSoValue, Bitcoin ETFs accumulated $1.97 billion worth of inflows during April, significantly surpassing the $1.37 billion recorded in March and establishing the highest monthly total for the year.
The positive performance in March and April has now counterbalanced the outflows experienced during January and February, bringing Bitcoin ETFs to approximately $1.47 billion in net inflows for 2026. Since their initial launch, these products have accumulated more than $58 billion in cumulative net inflows.
The inflows witnessed in April coincided with Bitcoin's 12% monthly increase, representing its most robust monthly performance since April 2025, when the cryptocurrency climbed more than 14%, based on CryptoRank data.
The April statistics arrive in advance of the May 13F filing season, during which major financial institutions are required to reveal their cryptocurrency ETF holdings for the first quarter of 2026.
Late-month redemptions reach $490 million across ETF products
Despite redemptions occurring late in the month, they proved insufficient to negate April's overall positive inflows. During three days in late April, the ETFs experienced approximately $490 million in outflows.
The iShares Bitcoin Trust ETF (IBIT) from BlackRock emerged as the primary contributor to April's gains, attracting approximately $2 billion in net inflows. Conversely, Grayscale Investments' Bitcoin Trust ETF (GBTC) recorded the largest losses, experiencing net outflows of around $280 million.
The Morgan Stanley Bitcoin Trust ETF (MSBT), which commenced trading operations on April 8, attracted approximately $194 million in inflows, maintaining a streak without any single day of outflows throughout the month.
Ether ETFs register their first positive month since October 2025
The optimistic momentum from April also reached certain altcoin ETFs, as Ether (ETH) funds recorded their first monthly inflow since October 2025, totaling $356 million compared to approximately $570 million in October 2025.
Despite this positive development, Ether ETFs continue to show negative performance after the initial four months of 2026, recording approximately $413 million in net outflows year to date, based on SoSoValue data. The cumulative net inflows since these products launched reached approximately $11.9 billion.
XRP-focused funds experienced significant growth in April, posting their most impressive month since December 2025 with $81.6 million in inflows. These ETFs have accumulated approximately $124 million in net inflows during the first four months of 2026, while their total cumulative inflows have reached around $1.3 billion.
Dogecoin (DOGE) ETFs demonstrated strength in April as well, attracting $2 million of inflows, which represents approximately 21% of the total cumulative inflows of about $9.6 million.
In contrast, Solana (SOL) ETFs registered $38.7 million in April inflows, marking the smallest monthly figure on record, when compared with cumulative inflows of approximately $1 billion.