Momentum in crypto ETF markets is accelerating. On Wednesday, April 22, both Bitcoin and Ethereum ETFs recorded robust net inflows, with Bitcoin products adding $335.8 million for a seventh consecutive day of positive flows, while Ethereum ETFs extended their streak to ten days with $96.4 million in net inflows. XRP ETFs saw a modest $2.42 million inflow, while Solana ETFs recorded zero net inflows for the second day in a row.
Bitcoin ETF: IBIT Dominates, Total Volume Exceeds $3B
Bitcoin ETFs recorded total net inflows of $335.8 million, led by BlackRock's IBIT, which attracted $246.9 million—the bulk of the day's demand. Fidelity's FBTC followed with $56.7 million, Bitwise BITB added $15.4 million, and Ark/21Shares ARKB contributed $11.9 million. Other contributors included Morgan Stanley's MSBT ($11.3M), WisdomTree's BTCW ($6.26M), and VanEck's HODL ($3.9M). The only fund to see net outflows was Grayscale's GBTC, which lost $16.6 million, continuing its steady redemption trend.
Total trading volume across Bitcoin ETFs reached $3.03 billion, and total net assets reclaimed the $100 billion mark, standing at $100.98 billion—a clear indication of the scale of the recent rally.
Ethereum ETFs: Ten-Day Streak Continues
Ethereum ETFs added $96.4 million in net inflows, marking a tenth consecutive day of positive flows. BlackRock's ETHA led with $53.6 million, followed by Fidelity's FETH at $40.62 million. Grayscale's Ethereum Mini Trust brought in $11.37 million, reflecting strong demand for low-cost Ether exposure. Meanwhile, Grayscale's ETHE had net outflows of $9.2 million. Net results remained solidly positive. Total volume reached $813.35 million, and net assets grew to $13.94 billion.
XRP and Solana: Selective Participation
XRP ETFs recorded a modest $2.42 million inflow, primarily driven by Bitwise products. Volume stood at $11.07 million, and net assets reached $1.09 billion. In contrast, Solana ETFs saw no trading activity during the session, with net assets flat at $887.92 million, reflecting a pause after recent inflows.
Market Trends: Institutional Capital Accelerating
The overall trend is now unmistakable: Bitcoin continues to attract large-scale institutional inflows, Ethereum is building a steady and consistent stream of capital, and smaller assets are seeing selective participation. The recovery momentum has fully accelerated.