The United States spot Bitcoin (BTC) exchange-traded funds (ETFs) recorded their highest monthly inflow of 2026 in April.
The U.S. spot BTC ETFs reported a net cash inflow of $1.97 billion in April, according to data from SoSoValue. As a result, these funds collectively hold Bitcoin worth $100.54 billion on May 1.
Month over Month (MoM), U.S. spot BTC ETFs saw inflows of $650 million, a 49.24% increase. As such, these baskets of exchange-traded securities accumulated BTC worth $3.29 billion over the past two months. Year-to-date (YTD), these funds have purchased Bitcoin valued at around $1.47 billion at press time.
The primary driver of these funds registering the highest monthly close of 2026 in April was BlackRock’s iShares Bitcoin Trust (IBIT). Notably, IBIT closed April with a net inflow of approximately $2.01 billion, bringing its assets to $61.91 billion.
Bitcoin price rebounds on renewed inflows to spot ETFs
The renewed institutional demand for Bitcoin through the U.S. spot BTC ETFs bolstered its bullish momentum in April. Over the past 30 days, BTC price rallied 12.64% to trade at roughly $77,300 at the time of publication. Consequently, the flagship coin’s market capitalization increased to $1.5 trillion as of Friday.
However, during the last two weeks of April, Bitcoin price signaled a potential trend shift amid a renewed sell-off by U.S. investors, as Finbold reported. Amid the decline in spot BTC volumes across all crypto exchanges, as Finbold noted, Bitcoin price action in May could rely heavily on spot ETF flows. Whereby, continued inflows into spot BTC ETFs in May could bolster a bullish outlook, and vice versa.
