Weekly ETF Recap: Inflows Return to Bitcoin, Ethereum, Solana and XRP Funds
Crypto markets regained a risk-on tone over the past week, and flows into digital-asset ETFs largely followed suit. Spot Bitcoin, Ethereum, Solana and XRP ETFs posted inflows on most trading days.
Spot Bitcoin ETFs: flows swing back to strong inflows
On April 13, cumulative spot Bitcoin (BTC) ETFs recorded $290 million in net outflows, led by Fidelity's FBTC with $229.2 million in redemptions. BlackRock's IBIT still attracted $34.7 million, while Morgan Stanley's MSBT brought in $6.3 million.
By April 14, the group flipped to $411.4 million of net inflows, with IBIT taking the largest share. Inflows eased to $186.1 million on April 15 and fell further to $26.1 million on April 16. On April 17, demand surged, pushing total spot BTC ETF inflows to $663.9 million.
Bitcoin rose from around the $70,000 area to $75,159.25 at press time, up 4.93% over the week.
Ethereum ETFs extend an inflow streak
Ethereum (ETH) ETFs saw smaller daily totals but maintained positive flows through the week. On April 13, the category posted $9.5 million of inflows, including $5.8 million into BlackRock's ETHB. Inflows rose to $53.1 million on April 14 and increased again to $67.9 million on April 15.
April 16 saw a softer $18 million in net inflows, weighed by $16.7 million of outflows from Grayscale's ETHE. The week ended with the strongest daily intake: $127.4 million on April 17. ETH gained 4.53% over the week.
Solana and XRP ETFs also attract fresh money
Solana (SOL) ETFs were flat on April 13, then logged $1.3 million of inflows on April 14 and $5.3 million on April 15. On April 16, BSOL was the only fund to record inflows, bringing in $15.5 million. April 17 added another $13 million. Solana advanced more than 3% over the week.
Ripple (XRP) ETFs also stayed in positive territory. Inflows totaled $1.46 million on April 13, then accelerated to $11.2 million on April 14 and $17.11 million on April 15. The products added $11.87 million on April 16 and $13.74 million on April 17. XRP rose more than 6% over the week.
Bottom line
After a single day of net outflows, spot Bitcoin ETFs returned to consistent inflows. Ethereum, Solana and XRP ETFs also remained net positive, though at more modest levels.