The U.S. spot Bitcoin ETFs pulled in a robust $824 million in net inflows during the week of April 20-24, 2026, marking the fourth consecutive week of positive flows and underscoring a sharp turnaround in institutional appetite for the leading cryptocurrency.
BlackRock’s iShares Bitcoin Trust (IBIT) dominated the haul once again, drawing roughly $733 million, according to data tracked by SoSoValue. The strong performance helped push total Bitcoin ETF assets past $102 billion.
The period ending April 24 saw $823.70 million in fresh capital, slightly below the prior week’s $996.38 million but still marking the fourth straight week of gains. Earlier weeks delivered $786.31 million (ending April 10) and a more modest $22.34 million (ending April 2), pushing total Bitcoin ETF assets under management from $86.22 billion at the start of the month to $102.64 billion by April 24.
This steady accumulation has added more than $2.6 billion in April alone, reflecting growing institutional conviction even as Bitcoin’s price consolidated in the mid-to-upper $70,000 range. BlackRock’s IBIT continued to capture the lion’s share of flows, helping drive the overall recovery in ETF demand after weaker performance earlier in the year.
The inflows arrive as Bitcoin has staged a steady recovery from early-year weakness. After dipping toward the low $60,000s in February amid broader market jitters and earlier ETF outflows, BTC has climbed back above $78,000, flirting with $80,000 resistance in recent sessions.
As of Monday morning, Bitcoin was trading around $77,800—which briefly touched $79,420 before pulling back—showing resilience amid global macro uncertainties.Â
Bitcoin ETFs snap-ups 6.3% BTC supply
This surge in the ETF momentum can be viewed as both a driver and reflection of this price action. The latest weekly figure contributes to April’s monthly inflows exceeding $2.4 billion so far—nearly double March’s total—flipping year-to-date flows firmly into positive territory after heavy redemptions earlier in 2026.
Over the past eight trading days alone, the products have absorbed nearly 19,000 BTC, far outpacing new supply from miners. This puts the total BTC amount locked in ETF contracts to 1,322,094 BTC—representing roughly 6.3% of Bitcoin’s total supply.
The enthusiasm isn’t limited to Bitcoin. Spot Ethereum ETFs added $155 million for the week—their third straight gain—while smaller products tracking Solana and XRP also posted modest inflows of $9.4 million and $15.7 million respectively. The broadening interest suggests investors are warming to the wider digital asset narrative beyond just the flagship coin.
Yet risks remain. Grayscale’s GBTC continued to see some outflows, highlighting uneven flows across issuers. Moreover, geopolitical tensions—potential shifts in U.S. policy under the current administration—and macroeconomic signals from the Federal Reserve could still sway sentiment.
As of now, Bitcoin’s all-time high of roughly $126,198 from November 2025 feels distant, but the path toward reclaiming higher ground appears clearer with capital steadily flowing back into regulated vehicles.
Also read: BlackRock’s IBIT Bitcoin ETF Cracks U.S. Top 10
