Spot Bitcoin (BTC) exchange-traded funds have pulled in nearly $1 billion in inflows since the cryptocurrency climbed back above $80,000.
ETFs recorded $467.4 million in inflows on Tuesday as Bitcoin pushed past $81,000, building on $532 million from Monday and bringing the two-day total to just over $999 million, according to SoSoValue data.
The surge follows $1.97 billion in net inflows during April, signaling continued strong demand as Bitcoin’s recovery gains momentum.
Since May 1, total inflows have reached $1.63 billion, lifting cumulative inflows to $59.7 billion and assets under management to around $109 billion—the highest level so far this year.
The inflows came despite Michael Saylor signaling that Bitcoin sales could be considered to meet corporate obligations—marking a shift from his long-standing “never sell Bitcoin” stance.
Bitcoin ETFs remain resilient despite market volatility
Bitcoin ETF flows have held up even through a roughly 50% drawdown in BTC prices, with total outflows amounting to only about 8% of assets, according to Eric Balchunas.
Speaking in a Roxom TV interview, Balchunas highlighted the impact of distribution networks, noting that the structure of ETFs has effectively unlocked access to powerful Wall Street sales channels.
“Don’t underestimate the firepower of Wall Street wholesalers,” he said, pointing to their role in sustaining strong inflows.
The trend suggests ETFs are helping stabilize access to Bitcoin during periods of sharp price volatility, allowing demand to continue flowing through traditional financial channels even in uncertain market conditions.
Altcoin ETFs also see renewed momentum
The positive momentum has extended to altcoin ETFs. Ether (ETH) funds recorded $97.6 million in inflows on Tuesday, according to SoSoValue data.
XRP funds attracted $11.3 million, while Solana (SOL) ETFs posted more modest inflows of $1.7 million.
Dogecoin (DOGE) ETFs also stood out, bringing in about $400,000—marking their first inflows since April 27. This pushed DOGE’s cumulative inflows past $10 million, with total assets under management reaching $14 million.
