Goldman Sachs BTC ETF Filing Coincides with $412M Bitcoin ETF Influx
Bitcoin exchange-traded funds listed in the United States saw $411.5 million flow in on Tuesday, coinciding with Goldman Sachs' filing for a Bitcoin ETF, pushing 2026's cumulative flows back above zero.
Exchange-traded funds tracking spot Bitcoin listed in the United States experienced a return to significant daily capital inflows coinciding with Goldman Sachs making its entry into the Bitcoin ETF market.
Exchange-traded funds holding spot Bitcoin (BTC) attracted $411.5 million in new capital on Tuesday, representing the second-highest single-day inflow total recorded during April, based on data from SoSoValue.
The recent capital influx brought cumulative net flows for 2026 back to positive levels, reaching approximately $245 million on a year-to-date basis, while combined assets under management climbed beyond $96.5 billion, representing the highest level observed since the middle of March.
The upward momentum arrived as Goldman Sachs, historically a prominent Bitcoin skeptic, submitted documentation with United States securities regulatory authorities to establish a Bitcoin-linked exchange-traded fund. This development comes on the heels of Morgan Stanley introducing its Morgan Stanley Bitcoin Trust ETF (MSBT) during the previous Wednesday.
BlackRock, Morgan Stanley extend consecutive inflow periods
Zero United States spot Bitcoin exchange-traded funds experienced capital withdrawals on Tuesday, with BlackRock's iShares Bitcoin Trust ETF (IBIT) capturing the largest portion of inflows at approximately $214 million, based on information from Farside.
The IBIT fund from BlackRock and Morgan Stanley's MSBT both prolonged their consecutive inflow periods to five trading days, accumulating approximately $696 million and $84 million, in that order.
The ARK 21Shares Bitcoin ETF (ARKB) alongside the Fidelity Wise Origin Bitcoin Fund (FBTC) numbered among the substantial contributors during Tuesday's trading session, attracting inflows totaling $113 million and $45 million, in that sequence.
Capital flows positive for all altcoin ETFs, Dogecoin included
The favorable momentum extended throughout all altcoin exchange-traded funds listed in the United States on Tuesday, with spot Ether (ETH) exchange-traded funds attracting $53 million in new investments.
Funds tracking XRP (XRP) experienced a notable rise in inflows reaching $11 million, whereas Solana (SOL) products registered modest increases totaling slightly more than $1 million.
The positive pattern additionally reached Dogecoin (DOGE) exchange-traded funds, which attracted approximately $187,000 in new capital, elevating total cumulative inflows to roughly $9.2 million.
Although the sustainability of this recovery remains uncertain, general market sentiment has experienced moderate improvement during recent days, evidenced by the Crypto Fear & Greed Index climbing beyond a reading of 20 during the current week.
Bitcoin's price additionally reached a multi-week peak on Tuesday, momentarily climbing beyond $75,000 for the initial occurrence since March 17. The cryptocurrency subsequently retreated to levels under $74,000, with trading activity at $73,852 as of publication time, according to data from CoinGecko.