US spot Bitcoin ETFs saw strong inflows in April as the cryptocurrency rallied, with total monthly inflows reaching nearly $2 billion — the highest so far this year.
Data shows the funds attracted about $1.97 billion during the month, up from $1.37 billion in March. The gains helped reverse earlier outflows in January and February, pushing year-to-date net inflows to roughly $1.47 billion. Since launch, cumulative inflows have now exceeded $58 billion.
The strong demand came alongside a roughly 12% rise in Bitcoin, marking its best monthly performance in a year.
IBIT leads despite late outflows
Funds did see some pressure toward the end of April, with around $490 million in outflows over three days. Still, this was not enough to offset the broader gains.
BlackRock’s iShares Bitcoin Trust (IBIT) led the market, bringing in $2 billion in net inflows during the month. In contrast, Grayscale Investments’s GBTC recorded the largest outflows, losing about $280 million.
A newer entrant, Morgan Stanley’s Bitcoin ETF, which launched in early April, added roughly $194 million without recording a single day of outflows.
Ether and altcoin ETFs also pick up
The positive trend extended beyond Bitcoin. Ether ETFs posted $356 million in inflows — their first monthly gains since October 2025 — although they remain negative for the year overall.
Other crypto funds also saw renewed interest. XRP products logged $81.6 million in inflows, while Solana ETFs brought in $38.7 million. Dogecoin funds posted smaller gains of around $2 million.
The April rebound comes ahead of key regulatory filings in May, when large institutional investors are expected to disclose their crypto ETF holdings for the first quarter.
Featured image from: cointelegraph.com