Week-End Snapshots: Mixed Flows Across Crypto ETFs
The shortened trading week ending April 3, 2026, revealed a stark divergence among U.S. spot crypto ETFs ahead of the Easter holiday. Bitcoin ETFs broke a losing streak by recording a modest net inflow of $8.99 million, while ether ETFs suffered a heavy $71.10 million net outflow, extending their recent decline. Smaller digital assets such as XRP and Solana attracted marginal inflows, indicating selective investor appetite.
Bitcoin ETFs: Fidelity and VanEck Lead Recovery
Data compiled from the ETF issuers shows that Fidelity’s FBTC attracted the largest inflow of $7.29 million, followed by VanEck’s HODL with $4.74 million. However, BlackRock’s IBIT recorded an outflow of $3.04 million, trimming the overall net figure. Total trading volume for the day reached $1.97 billion, and net assets under management settled at $86.22 billion. The return to inflows, albeit small, suggests some institutional buyers saw the recent dip as an entry point.
Ether ETFs: Broad-Based Outflows, No Funds Escape
Ether ETFs experienced a broad-based exodus. BlackRock’s ETHA led with a $46.66 million outflow, followed by Grayscale’s ETHE at $16.80 million and Fidelity’s FETH at $7.70 million. Notably, no single ether ETF recorded an inflow, underscoring the depth of selling pressure. Overall trading volume was $970.16 million, and net assets closed at $11.70 billion. Marketers attribute the persistent outflows to uncertainty around Ethereum’s network upgrade timeline and competition from other layer-1 blockchains.
XRP and Solana ETFs: Modest Gains in a Quiet Market
XRP ETF flows were nearly flat, showing a net inflow of just $64,600. Bitwise’s XRP fund added $1.31 million, but Canary’s XRPC saw an outflow of $1.25 million, nearly offsetting the gain. Volume was $14.02 million, with net assets of $916.73 million.
Solana ETFs fared slightly better, with a net inflow of $932,800, all contributed by Fidelity’s FSOL. Trading volume reached $36.83 million, and net assets closed at $771.36 million. These small figures indicate that investors are making targeted bets rather than broad sector rotations.
Outlook: Market Pauses for Holiday, Uncertainty Remains
The data captured on April 3 marks the last trading day before the Easter break, when markets close for several days. The mixed signals—bitcoin recovering modestly while ether continues to bleed—suggest that the crypto ETF market is still searching for a clear direction. Future sessions will be influenced by macroeconomic data, regulatory clarity, and any developments regarding spot ETF approvals or product launches. Analysts caution that the sustained outflow from ether ETFs could weigh on Ethereum’s price in the near term, while bitcoin‘s resilience may attract further inflows if broader risk appetite improves.