US spot Bitcoin ETFs posted $1.97 billion in net inflows in April, up from $1.37 billion in March. That rebound helped offset the outflows seen in the first two months of the year and pushed 2026 year-to-date net inflows to $1.47 billion. Since spot Bitcoin ETFs launched in the US, cumulative net inflows have moved past $58 billion.
Bitcoin itself rose 12% during April, its strongest monthly gain since April 2025. The timing of the fund-flow data also matters: the figures came before the May 13F filing season, when major financial institutions are set to disclose their crypto ETF holdings publicly for the first time.
Late-April outflows did not erase the monthly gain
Nearly $490 million left in the final days of April, but the month still closed with strong net inflows. BlackRock’s iShares Bitcoin Trust ETF was the main driver, bringing in a net $2 billion during the month. Grayscale Investments’ Bitcoin Trust ETF moved the other way, recording about $280 million in April outflows.
Morgan Stanley’s Bitcoin Trust ETF, which started trading on April 8, attracted about $194 million in inflows for the month and did not post a single day of net outflows. That gave the new product a clean first month in the market.
Ether and XRP ETFs also turned in stronger numbers
April was not only about Bitcoin. Ether ETFs recorded a combined $356 million in net inflows, their first positive month since October 2025. Even so, Ether ETFs still logged total net outflows of $413 million over the first four months of 2026. Since their US launch, cumulative inflows into Ether ETF products have reached $11.9 billion.
XRP ETFs also rebounded, taking in $81.6 million in April, their strongest monthly result since December 2025. Over the first four months of 2026, net inflows into XRP funds reached $124 million, bringing the historical total to nearly $1.3 billion.
Dogecoin and Solana funds remained smaller in scale
Dogecoin ETFs brought in about $2 million in April, while Solana ETFs recorded $38.7 million in inflows. For Solana, that was the weakest monthly figure since the product launched. Dogecoin funds have now accumulated $9.6 million in total inflows, with April accounting for 21% of that sum.
The source said April’s data showed continued demand for spot crypto ETFs in US markets from both institutional and retail investors. It also linked the flow patterns to shifting investment strategies, regulatory signals from the SEC, and ongoing volatility across crypto markets.