Key Takeaways
- • U.S. spot bitcoin ETFs recorded their third consecutive day of net inflows on Tuesday, April 29, 2026, bringing in $31.64 million, reversing a five-day outflow streak that preceded bitcoin's halving event.
- • BlackRock's IBIT led inflows with $37.92 million on Tuesday and has accumulated $15.48 billion in cumulative net inflows since January 2024, while maintaining 70 consecutive days of net inflows as of the reporting date.
- • Grayscale's GBTC posted $66.88 million in net outflows on Tuesday, though weekly outflow rates have decelerated significantly compared to March 18 when the fund shed over $2 billion.
- • Total net assets in U.S. spot bitcoin ETFs reached $55.82 billion as of Tuesday, with cumulative net inflows of $12.42 billion since their January 2024 debut; Grayscale has seen $16.83 billion exit since its conversion to an ETF.
- • Bitcoin price rose 0.16% over the prior 24 hours to $66,675, as the market digests renewed institutional interest in spot ETF products following the recent correction phase.
Summary
U.S. spot bitcoin ETFs reversed course this week with their third consecutive day of net inflows, marking a potential shift in institutional sentiment after weeks of outflow pressure. According to SoSoValue data reported on Tuesday, April 29, 2026, the spot ETF complex attracted $31.64 million in net inflows, continuing a recovery that began following bitcoin's halving event earlier in the month.
The rebound comes after a challenging five-day outflow period that preceded the halving. More significantly, the inflow streak represents recovery from deeper institutional pullbacks. Over the preceding four months—from November 2025 through February 2026—U.S. spot bitcoin ETFs had suffered $6.4 billion in cumulative net outflows as institutional investors exited positions following bitcoin's decline from its $126,000 all-time high recorded in October 2025. Since late February, however, $3.7 billion has flowed back into the vehicle over eight weeks, suggesting renewed institutional demand during the market recovery phase.
Performance among individual products remains uneven. BlackRock's iShares Bitcoin Trust (IBIT) continues to dominate inflow activity, recording $37.92 million on Tuesday and achieving 70 consecutive days of net inflows. IBIT has accumulated $15.48 billion in cumulative net inflows since inception. ARK Invest's ARKB added $33.28 million, and Bitwise's offering contributed $23.23 million. Grayscale's GBTC, however, posted $66.88 million in outflows on Tuesday, though the pace of redemptions has slowed considerably—the March 18 week saw over $2 billion exit the fund, indicating decelerating redemption pressure. Since its conversion to an ETF structure, GBTC has experienced $16.83 billion in cumulative net outflows.
As of Tuesday, the broader U.S. spot bitcoin ETF complex held $55.82 billion in total net assets with cumulative net inflows of $12.42 billion since the products' January 2024 launch. Bitcoin itself traded at $66,675, up 0.16% over the prior 24-hour period, reflecting modest consolidation as the market processes renewed institutional positioning.
The rebound comes after a challenging five-day outflow period that preceded the halving. More significantly, the inflow streak represents recovery from deeper institutional pullbacks. Over the preceding four months—from November 2025 through February 2026—U.S. spot bitcoin ETFs had suffered $6.4 billion in cumulative net outflows as institutional investors exited positions following bitcoin's decline from its $126,000 all-time high recorded in October 2025. Since late February, however, $3.7 billion has flowed back into the vehicle over eight weeks, suggesting renewed institutional demand during the market recovery phase.
Performance among individual products remains uneven. BlackRock's iShares Bitcoin Trust (IBIT) continues to dominate inflow activity, recording $37.92 million on Tuesday and achieving 70 consecutive days of net inflows. IBIT has accumulated $15.48 billion in cumulative net inflows since inception. ARK Invest's ARKB added $33.28 million, and Bitwise's offering contributed $23.23 million. Grayscale's GBTC, however, posted $66.88 million in outflows on Tuesday, though the pace of redemptions has slowed considerably—the March 18 week saw over $2 billion exit the fund, indicating decelerating redemption pressure. Since its conversion to an ETF structure, GBTC has experienced $16.83 billion in cumulative net outflows.
As of Tuesday, the broader U.S. spot bitcoin ETF complex held $55.82 billion in total net assets with cumulative net inflows of $12.42 billion since the products' January 2024 launch. Bitcoin itself traded at $66,675, up 0.16% over the prior 24-hour period, reflecting modest consolidation as the market processes renewed institutional positioning.
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