Bitcoin ETFs Post Strong April Inflows as Ether Turns Positive

US-listed spot Bitcoin (BTC) exchange-traded funds (ETFs) finished April in the green as Bitcoin rallied throughout the month.

Bitcoin ETFs drew $1.97 billion in inflows in April, well above Marchโ€™s $1.37 billion, marking their highest monthly inflows of the year, according to SoSoValue data.

With inflows in March and April offsetting outflows in January and February, Bitcoin ETFs now show about $1.47 billion in net inflows for 2026. The cumulative net inflows to the products since they launched have topped $58 billion.

Monthly spot Bitcoin ETF flows in 2026. Source: SoSoValue

The April inflows came alongside a 12% rise in Bitcoin, its strongest monthly gain since April 2025, when it rose more than 14%, according to CryptoRank.

Aprilโ€™s data comes ahead of the 13F filing season in May, when major financial institutions will disclose their holdings in crypto ETFs for the first quarter of 2026.

ETFs post $490 million in late-month outflows

Late-month redemptions were not enough to offset April’s inflows. The ETFs saw around $490 million in outflows during three days in late April.

BlackRockโ€™s iShares Bitcoin Trust ETF (IBIT) was the dominant driver of gains in April, bringing around $2 billion in net inflows. On the other hand, Grayscale Investmentsโ€™ Bitcoin Trust ETF (GBTC) was the biggest loser, with net outflows totaling around $280 million.

Daily spot Bitcoin ETF flows by issuer since April 27, 2026. Source: Farside

The Morgan Stanley Bitcoin Trust ETF (MSBT), which began trading on April 8, generated around $194 million in inflows, with no single day of outflows over the month.

The first month of gains for Ether ETFs since October 2025

Aprilโ€™s positive trend extended to some altcoin ETFs, with Ether (ETH) funds logging their first monthly inflow since October 2025, at $356 million versus about $570 million in October 2025.

Still, Ether ETFs remain in negative territory after four months of 2026, with about $413 million in net outflows year to date, according to SoSoValue. The cumulative net inflows since launch stood at about $11.9 billion.

Monthly spot Ether ETF flows since October 2025. Source: SoSoValue

XRP funds also surged in April, logging their strongest month since December 2025 with $81.6 million of inflows. The ETFs saw about $124 million in net inflows across the first four months of 2026, while total cumulative inflows stand at around $1.3 billion.

Related: Bitcoin risks extended retreat as April rally was futures-driven: CryptoQuant

Dogecoin (DOGE) ETFs rallied in April as well, logging $2 million of inflows, accounting for roughly 21% of total cumulative inflows of about $9.6 million.

Meanwhile, Solana (SOL) ETFs saw $38.7 million in April inflows, the smallest monthly total on record, compared with cumulative inflows of about $1 billion.

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