Bitcoin News: Bitcoin ETFs Draw $1.97 Billion in April, Highest Monthly Inflows of 2026, as IBIT Leads With $2 Billion

Key Takeaways US spot Bitcoin ETFs recorded $1.97 billion in net inflows in April -- the highest monthly total of 2026 -- pushing year-to-date net inflows to approximately $1.47 billion, per SoSoValueBlackRock's IBIT drove approximately $2 billion in April inflows alone; Grayscale's GBTC was the biggest loser with $280 million in outflowsMorgan Stanley's MSBT, which launched April 8, generated $194 million in inflows with no single day of outflows across the monthEther ETFs posted their first monthly inflow since October 2025 at $356 million, though remain $413 million in net outflows year-to-dateXRP ETFs logged their strongest month since December 2025 with $81.6 million in inflows; Solana ETFs recorded their smallest monthly total on record at $38.7 millionCumulative net inflows across all US spot Bitcoin ETFs since launch have now topped $58 billion US spot Bitcoin ETFs closed April with their strongest monthly inflows of 2026, drawing $1.97 billion in net new capital as Bitcoin posted a 12% gain -- its best monthly performance since April 2025 -- according to SoSoValue data. The April figure comfortably surpasses March's $1.37 billion and brings the year-to-date picture back into positive territory at approximately $1.47 billion, after outflows in January and February had put the funds underwater for the year. Cumulative net inflows since the products launched in January 2024 have now crossed $58 billion. IBIT Dominates, GBTC Continues to Bleed BlackRock's iShares Bitcoin Trust was the month's standout performer, generating approximately $2 billion in net inflows for April alone -- a figure that effectively offset outflows from other funds and drove the category's positive monthly result. Grayscale's GBTC remained the sector's biggest drag, recording approximately $280 million in net outflows for the month, continuing a persistent redemption trend that has characterized the product since the launch of lower-fee competitors. The Morgan Stanley Bitcoin Trust ETF, which began trading on April 8, delivered a strong debut month with $194 million in inflows and no single day of net outflows -- a notable achievement for a new entrant and a signal of strong institutional demand through the Wall Street giant's distribution network. Late-month redemptions of approximately $490 million across three days dampened April's headline figure but were insufficient to reverse the month's broadly positive trend, underlining the resilience of underlying demand despite Bitcoin's failure to clear the $79,000 resistance level. Ether ETFs Break a Six-Month Outflow Streak April also delivered a meaningful turning point for Ethereum products. Spot Ether ETFs recorded $356 million in net inflows -- their first positive month since October 2025, when they attracted approximately $570 million. Despite the April recovery, Ether ETFs remain $413 million in net outflows year-to-date through the first four months of 2026, with cumulative net inflows since launch standing at approximately $11.9 billion. Altcoin ETFs Post Mixed Results XRP funds had their strongest month since December 2025, logging $81.6 million in April inflows and bringing total year-to-date net inflows to approximately $124 million, with cumulative inflows since launch reaching approximately $1.3 billion. Solana ETFs were the relative disappointment, recording just $38.7 million in April inflows -- the smallest monthly total on record for the product category -- against cumulative inflows of approximately $1 billion. Dogecoin ETFs added $2 million in April, representing roughly 21% of their total cumulative inflows of approximately $9.6 million. 13F Season Ahead April's strong inflow data arrives ahead of the 13F filing season in May, when major financial institutions will be required to disclose their first-quarter 2026 holdings in crypto ETFs. The disclosures are expected to provide the clearest picture yet of how deeply Bitcoin and crypto ETF exposure has penetrated institutional portfolios -- a dataset that could materially influence market sentiment heading into the summer.