Bitcoin ETF Inflows Near $2 Billion in April 2026 as IBIT Leads Market Gains

US-listed spot Bitcoin ETFs recorded strong demand in April 2026, attracting approximately $1.97 billion in net inflows as Bitcoin rose around 12% during the month. This marked the highest monthly inflow level of the year and the strongest performance since April 2025. The rebound helped push total net inflows for 2026 to about $1.47 billion, while cumulative inflows since launch surpassed $58 billion.

IBIT Drives Inflows While GBTC Records Continued Outflows

BlackRock’s iShares Bitcoin Trust (IBIT) remained the dominant product, contributing nearly $2 billion in net inflows for April. In contrast, Grayscale’s Bitcoin Trust ETF (GBTC) posted about $280 million in net outflows, reflecting ongoing investor rotation.

The Morgan Stanley Bitcoin Trust ETF (MSBT), launched on April 8, added roughly $194 million in inflows and recorded no daily outflows throughout the month, showing stable early demand.

Late-Month Redemptions and Overall Flow Stability

Despite strong performance, Bitcoin ETFs saw approximately $490 million in outflows over three days in late April. However, these redemptions were outweighed by earlier inflows, keeping the monthly total firmly positive.

Ether and Altcoin ETFs Show Diverging Performance

Ether (ETH) ETFs recorded $356 million in inflows, marking their first positive month since October 2025, compared to $570 million inflows seen in that month. However, year-to-date flows remain negative at around $413 million, with cumulative inflows at $11.9 billion.

XRP ETFs gained $81.6 million in April, bringing 2026 inflows to $124 million and total cumulative inflows to $1.3 billion. Solana (SOL) ETFs saw $38.7 million in inflows, the lowest monthly total on record, while maintaining around $1 billion in cumulative inflows. Dogecoin (DOGE) ETFs added $2 million, representing about 21% of total cumulative inflows of $9.6 million.