Big Bitcoin ETF inflows resume

U.S. spot Bitcoin exchange-traded funds pulled in $817.8 million in four trading days through April 10, their strongest weekly intake since late February. (farside.co.uk) The biggest day came on April 6, when the funds added $471.4 million, followed by another $358.1 million on April 9 and $240.4 million on April 10, according to Farside Investors. April 7 and April 8 interrupted the run with net outflows of $159.1 million and $93.9 million. (farside.co.uk) BlackRock’s iShares Bitcoin Trust, which trades under the ticker IBIT, led the rebound with $181.9 million on April 6, $269.3 million on April 9, and $137.6 million on April 10. Fidelity’s FBTC added $147.3 million on April 6, then $53.3 million and $78.0 million on the next two positive days. (farside.co.uk) A spot Bitcoin exchange-traded fund is a stock-market wrapper that holds Bitcoin directly, letting investors buy exposure in a brokerage account instead of handling wallets, private keys, or crypto exchanges. BlackRock says IBIT is designed to give investors Bitcoin exposure while removing the custody and operational burden of holding the asset directly. (blackrock.com) That structure has become the main U.S. on-ramp for large investors. Farside’s table shows cumulative net inflows of $56.751 billion across U.S. spot Bitcoin funds, with IBIT alone accounting for $63.727 billion and Grayscale’s GBTC showing $26.076 billion of cumulative outflows since launch. (farside.co.uk) The concentration is visible in trading and fund positioning too. BlackRock says IBIT has been the most-traded U.S. spot Bitcoin exchange-traded product since its January 11, 2024 launch, and lists a 0.25% sponsor fee on its product page. (blackrock.com) Ethereum funds moved in the same direction last week, though on a smaller scale. U.S. spot Ethereum exchange-traded funds took in $120.2 million on April 6, $85.2 million on April 9, and $64.9 million on April 10, after outflows on April 7 and April 8. (farside.co.uk) BlackRock’s Ethereum fund, ETHA, added $44.2 million on April 8, $13.7 million on April 9, and $8.1 million on April 10, while Grayscale’s ETHE continued to post net outflows on several days in the same stretch. (farside.co.uk) The latest flow streak does not erase 2026 volatility. BlackRock’s IBIT page showed the fund down 18.47% year to date as of April 8, even as new money returned to the category in early April. (blackrock.com) For now, the clearest signal is where the money is landing: regulated U.S. exchange-traded funds, led by BlackRock and Fidelity, absorbed hundreds of millions of dollars in fresh Bitcoin demand in the week ending April 10. (farside.co.uk)