Weekly recap of Bitcoin, Ethereum, Solana, and XRP ETF performance

On April 8, both the U.S. and Iran called for an “immediate ceasefire,” a development that triggered sharp reactions in the crypto market. A similar pattern appeared in the spot exchange-traded fund (ETF) market, where altcoins showed mixed momentum, reflecting varied institutional investor sentiment over the past week.

Spot Bitcoin ETF flows: inflows early, outflows around April 7–8

In the week’s opening session, cumulative spot Bitcoin (BTC) ETFs recorded $471.4 million in inflows. BlackRock’s IBIT led with $181.9 million, followed by Fidelity’s FBTC at $147.3 million. Ark Invest’s ARKB added $118.8 million, while Grayscale recorded $17.6 million in inflows; other funds saw minimal to zero flows.

On April 7, the trend reversed: spot Bitcoin ETFs posted $159.1 million in outflows. Fidelity’s FBTC accounted for the largest withdrawals at $47.8 million, followed by Grayscale’s GBTC at $41.9 million. BlackRock’s IBIT saw $17.1 million flow out.

On April 8, outflows continued after the ceasefire announcement. Cumulative BTC ETF outflows totaled $93.9 million. On that day, only Fidelity’s FBTC, Ark Invest’s ARKB, and Grayscale’s GBTC recorded outflows of $79.1 million, $74.7 million, and $11.1 million, respectively. All other ETFs recorded inflows, with IBIT leading at $40.4 million.

Momentum shifted again on April 9 and April 10, when BTC ETFs saw $358.1 million and $240.2 million in inflows, respectively. IBIT received the largest inflows on both days—$269.3 million on April 9 and $137.6 million on April 10. Grayscale’s GBTC recorded zero flows on both dates.

Spot Ethereum ETF flows: similar swings, with late-week stabilization

Spot Ethereum (ETH) ETFs mirrored the broader momentum seen in BTC ETFs. On April 6, ETH ETFs recorded $120.2 million in inflows, with BlackRock’s ETHA leading at $60.8 million, followed by Fidelity’s FBTC at $40.1 million.

On April 7 and April 8, ETH ETFs saw outflows of $64.7 million and $18.6 million, respectively. Fidelity’s FBTC led withdrawals on both days, followed by BlackRock’s ETHA. On April 8 specifically, BlackRock’s ETHB recorded inflows of $44.2 million.

On April 9, sentiment shifted again and ETH ETFs recorded $85.2 million in inflows. ETHA posted the highest inflows at $90.9 million. In contrast, Fidelity’s FETH led outflows with $21 million.

In the final days of the week, ETH ETFs recorded inflows of $64.9 million. BlackRock’s ETHA saw the largest inflows at $53.7 million, while other ETFs recorded minimal to zero inflows. FETH was the only fund to show outflows, totaling $0.6 million.

Source: Farside Investors

Spot Solana ETF flows: quieter activity with selective outflows and inflows

Spot Solana (SOL) ETFs showed a different pattern. On April 6, SOL ETFs recorded zero flows. Over the next two days, they posted outflows of $15.3 million and $2 million, respectively.

On April 7, Bitwise’s BSOL led with $13.3 million in outflows, followed by Grayscale’s GSOL at $1.8 million and Fidelity’s FSOL at $0.2 million; other ETFs recorded zero flows. On April 9, there was no activity.

On April 10, SOL ETFs recorded $11.5 million in inflows, with all inflows coming from Bitwise’s BSOL and other ETFs showing zero flows.

Spot XRP ETF flows: near-flat early week, modest inflows late

Spot XRP (XRP) ETFs recorded zero flows on April 6, followed by $3.32 million in inflows on April 7. On April 8, flows returned to zero, and by April 9 the ETF saw modest outflows of $661,160.

On the last day of the week, spot XRP ETFs recorded inflows of $9.09 million.

Source: SoSo Value

Summary

• Spot Bitcoin ETF and spot Ethereum ETF flows followed a similar pattern over the week, with inflows early, outflows around April 7–8, and renewed inflows later.
• Spot XRP and spot Solana ETFs showed a mix of inflows and outflows, indicating cautious investor positioning.