Bitcoin exchange-traded funds (ETFs) recorded $335.8 million in net inflows on April 22, extending a seven-day winning streak, while ether ETFs added $96.4 million for a 10th consecutive day of positive flows. XRP ETFs saw a modest $2.42 million inflow, while solana ETFs remained quiet with no trading activity.
Bitcoin ETFs: Seven Days of Inflows, Net Assets Cross $100B
Bitcoin ETFs continued their strong run on Wednesday, April 22, posting $335.8 million in net inflows. Blackrock’s IBIT led the pack with $246.9 million, followed by Fidelity’s FBTC at $56.7 million. Bitwise’s BITB added $15.4 million, Ark & 21Shares’ ARKB contributed $11.9 million, and Morgan Stanley’s MSBT chipped in $11.3 million. WisdomTree’s BTCW and VanEck’s HODL recorded inflows of $6.26 million and $3.9 million, respectively. The only fund to see outflows was Grayscale’s GBTC, which lost $16.6 million, continuing its steady redemption pattern.
Trading volume for bitcoin ETFs reached $3.03 billion, while total net assets climbed back above the $100 billion threshold to $100.98 billion, underscoring the scale of the recent rebound.
Ether ETFs: 10-Day Streak, $96.4M Inflow
Ether ETFs matched the momentum with a $96.4 million net inflow, extending their winning streak to 10 consecutive days. Blackrock’s ETHA led with $53.6 million, closely followed by Fidelity’s FETH at $40.62 million. Grayscale’s Ethereum Mini Trust added $11.37 million. Offsetting some of the gains, Grayscale’s ETHE saw a $9.2 million outflow. Trading volume stood at $813.35 million, with net assets rising to $13.94 billion.
XRP and Solana: Diverging Paths
XRP ETFs recorded a modest $2.42 million inflow, driven primarily by Bitwise’s product. Trading volume came in at $11.07 million, with net assets reaching $1.09 billion. On the other hand, solana ETFs saw no trading activity during the session. Net assets held steady at $887.92 million, reflecting a pause after recent inflow days.
Market Outlook: Institutional Flows Firmly in Motion
The broader pattern is now unmistakable: Bitcoin continues to attract large-scale institutional inflows, ether is building a steady and consistent inflow streak, and smaller assets are seeing selective participation. The recovery is now in full flow, with investors increasingly confident in digital asset ETFs as a vehicle for gaining exposure to cryptocurrencies.