Bitcoin ETF Flows Turn Positive as BlackRock’s IBIT Hits Top 1%

US spot Bitcoin (BTC) ETF flows have turned positive across every rolling period tracked by analysts. It is the first time all periods have aligned in positive territory in months.

The shift signals renewed institutional appetite as BTC trades near $77,700, with cumulative lifetime net inflows sitting at $62.8 billion.

Bitcoin ETF Flows Turn Positive Across All Rolling Periods For the First Time in Months

Bloomberg ETF analyst Eric Balchunas highlighted the turnaround, noting that BlackRock’s iShares Bitcoin Trust (IBIT) has pulled in $3 billion in recent flows. That figure places IBIT in the top 1% of all ETFs by flow volume.

“Bitcoin ETFs flows are back in the high life.. every single rolling period we track is now positive, haven’t seen that in months,” Balchunas stated.

SoSoValue data shows the 12 spot Bitcoin ETFs recorded $335.8 million in net inflows on April 22 alone. IBIT accounted for $246.9 million of that total. Fidelity’s FBTC added $56.7 million, while Bitwise’s BITB contributed $15.4 million.

Bitcoin ETF Flows. Source: SoSoValue

The week ending April 17 proved even stronger. Spot Bitcoin and Ethereum ETFs combined for $1.37 billion in net inflows, the largest weekly haul since January 2026.

Despite the positive momentum, cumulative lifetime flows have not yet set a new record. Balchunas noted the total needs a couple billion more to surpass $62.8 billion and break new ground.

New ETF Launches Signal Long-Term Institutional Bet

The flow recovery comes alongside a wave of new crypto ETF products in 2026. GSR launched the Crypto Core3 ETF (BESO) on Nasdaq on April 22, offering actively managed exposure to Bitcoin, Ethereum (ETH), and Solana (SOL) with built-in staking rewards.

That launch followed Morgan Stanley’s spot Bitcoin ETF (MSBT), which gathered $139 million in assets within its first nine days. MSBT charges just 0.14% in fees, undercutting every other spot Bitcoin fund on the market.

Andrew Gibb, CEO of institutional staking firm Twinstake, told BeInCrypto that the continued ETF launches reflect strategic positioning rather than a reaction to current conditions.

“Issuers launching now are positioning themselves to capture flows when sentiment improves and capital rotates back into risk assets,” Gibb stated.

Gibb added that institutions prefer regulated vehicles offering straightforward crypto exposure over dealing with the operational complexity of holding digital assets directly.

He pointed to MSBT’s early traction as evidence that appetite remains when products are structured in a familiar way.

The sustained inflow streak comes as traditional finance firms deepen their crypto exposure, with the current pace, if it holds through the rest of April, could determine if the lifetime record falls before May.