- Bitcoin ETFs saw an inflow of $623 million in the last week. This inflow marks six straight weeks of strong investor demand.
- Ethereum, XRP and SOL also saw inflows after previous week’s (April 27 to May 1) outflows.
- Rising ETF inflows and steady price gains indicate that there is growing confidence in the broader crypto market.
In the first week of May 2026, the cryptocurrencies have seen a huge interest from investors through spot exchange-traded funds (ETFs). These ETFs let people buy crypto without having to deal with wallets or exchanges.
Last week, from May 4 to May 8, 2026, data from SoSoValue showed strong net inflows across Bitcoin, Ethereum, XRP and Solana spot ETFs. This signals growing confidence amid rising prices. Bitcoin’s ETF alone managed to bring in $623 million, while total assets hit record highs.
Bitcoin Spot ETFs: BlackRock Dominates with Record Inflows
Bitcoin spot ETF had an amazing week. The ETF products saw an inflow of $623 million, as per SoSoValue. This number also means that more money poured in than it flowed out, which pushed holdings of these products. Moreover, with this inflow, Bitcoin ETFs have now marked six straight weeks of steady investor demand.
The star performer was BlackRock’s ETF IBIT, which saw a weekly net inflow of $596 million. That is more than 95% of the total weekly gains for Bitcoin ETFs. IBIT’s total weekly gains for Bitcoin ETFs. IBIT’s total historical net inflow now stands at an impressive $66.10 billion.
Then there is Ark & 21 Shares ETF ARKB, with a solid weekly net inflow of $53.09 million. ARKB’s cumulative historical net inflow has reached $1.71 billion.
On the contrary, not every ETF product managed to gain. Grayscale Bitcoin Trust GBTC saw the largest net outflow. The product saw $62.28 million flowing out. This number also indicates that investors are moving to cheaper options such as IBIT.
As of now, the total net asset value of all Bitcoin spot ETFs is $106.61 billion. The ETF net asset ratio, which is nothing but how much of Bitcoin‘s market is held buy these ETFs, sits at 6.67%. Overall, historical net inflows for Bitcoin ETFs total $59.34 billion.
As institutional money flowed into these ETF products, the price of the token has also increased. At press time, the price of the BTC0.14%token stands at $80,833.60 with an uptick of 0.1% in the last 24-hours as per CoinGecko. Moreover, earlier today, the token price touched $82,342, hinting at more upside if inflows continue.
Ethereum Spot ETFs Gain Momentum Despite Mixed Flows
Ethereum spot ETFs also posted positive numbers. The products managed to bring in $70.49 million last week, as per SoSoValue. This comes as Ethereum’s ecosystem grows with DeFi apps and layer-2 solutions. After a week of outflows from April 27 to May 1, Ethereum ETFs bounced back with fresh positive inflows.
BlackRock’s ETF ETHA led the pack and it managed to bring in $100 million in weekly net inflows. ETHA’s total historical net inflows now hit $12 billion, this also indicates a stronghold in crypto ETFs.
Grayscale’s Ethereum Mini Trust ETH came in second, as the product saw $6.3257 million in weekly net inflows. Its cumulative historical net inflows total $1.94 billion, a bright spot for Grayscale after Bitcoin struggles.
Fidelity’s ETF FETH did not follow the same trend. The product saw the biggest outflow of the week, which was $32.1563 million. Still, FETH’s overall historical net inflows stand at $2.26 billion, so it is not out of the game.
As of now, Ethereum spot ETFs have a total net asset value of $13.73 billion which is 4.49% of Ethereum‘s total market cap. Cumulative historical net inflows have reached $12.09 billion.
At press time, the price of the ETH0.29% token stands at $2,338.91 with an uptick of 0.5% in the last 24-hours as per CoinGecko. Moreover, earlier today, the price of the token hit $2,379.
XRP Spot ETFs See Steady Inflows
Just like Ethereum, XRP ETF products also saw one week of negative inflows from April 27 to May 1, following three straight weeks of positive inflows, before rebounding with renewed inflows last week (from May 4 to May 8). The XRP ETF products saw an inflow of $34.21 million in the said period as per SoSoValue.
Canary ETF XRPC topped the list with $13.5393 million in weekly net inflows. XRPC’s total historical net inflows is now $438 million, building a strong base. Bitwise ETF XRP followed closely, with $12.3621 million weekly net inflows and $434 million in total historical inflows. These two funds captured most of the action. As of press time, XRP spot ETFs’ total net asset value is $1.120 billion. The ETF net asset ratio is 1.26%.
At press time, the price of the XRP1.91% token stands at $1.45 with an uptick of 2.5% in the last 24-hours as per CoinGecko. Moreover, the price of the XRP token hit $1.50 yesterday.
Solana Spot ETFs Break Out with Strong Weekly Gains
Solana spot ETFs recorded $39.23 million in net inflows last week from April 27 to May 1, as per SoSoValue. The Bitwise ETF BSOL managed to bring in $36.3915 million weekly. BSOL’s total historical net inflow is $862 million.
Fidelity ETF FSOL added $2.8399 million weekly, with historical net inflows at $161 million. Together they drove most of Solana’s ETF momentum.
Currently, Solana spot ETFs hold $987 million in net assets. The ETF net asset ratio is 1.82%, showing ETFs are carving out a bigger role. Cumulative historical net inflows are $1.060 billion.
At press time, the price of the token stands at $95.28 with an uptick of 1.9% in the last 24-hours as per CoinGecko.
Final Thoughts
The ETF flows indicate that there is a growing confidence in crypto, with bitcoin leading the charge. Bitcoin ETFs brought in $623 million, showing strong institutional demand, while BlackRock’s IBIT remains dominant with $66.10 billion in historical inflows.
Ethereum added $70.49 million, indicating that the interest is beyond Bitcoin. XRP and Solana also saw steady inflows of $34.21 million and $39.23 million respectively. Prices also stayed positive, with Bitcoin hovering around $80,000, Ethereum at $2,300, XRP at $1.45 and SOL at $95.
Overall, Bitcoin is still dominating the crypto ETF space, Ethereum, XRP and Solana ETF activity still suggests that the investors are also moving their money into other cryptocurrencies as well. The prices of the said tokens could also increase if the ETF inflows continue.
Also Read: Bitcoin ETFs Pull $46.3M, Extend Inflow Streak to 5 Days
