The last week of March and the start of April saw mixed sentiment in the ETF space. Looking at the performance of the Spot Bitcoin [BTC] ETF, it saw inflows worth $69.4 million on the 30th of March, in which Ark Invest’s ARKB contributed $33 million.
Then, on the 31st of March, BTC ETFs saw inflows worth $117.5 million, in which BlackRock’s IBIT led the way, with $98.4 million.
However, things flipped on the 1st of April, wherein BTC ETFs recorded outflows worth $173.7 million, in which BlackRock’s IBIT saw maximum outflows worth $86.5 million.
The trend turned positive on the 2nd of April yet again, as the BTC ETF saw inflows worth $9 million, wherein Fidelity’s FBTC saw $7.3 million in inflows.
This coincided with Bitcoin seeing a drop to $65,000 on the 30th of March, but at press time, it was changing hands at $66,937.05.
How did the Spot Ethereum ETF perform?
Moving forward, Spot Ethereum ETFs saw inflows worth $5 million on the 30th of March, in which Fidelity’s FETH saw inflows worth $10.6 million. The next day, the ETH ETF saw inflows worth $31.2 million, wherein BlackRock’s ETHA was worth $24.7 million.
However, on the first day of Q2, inflows turned to outflows. As of the 1st of April, the ETH ETF recorded outflows worth $7.1 million, in which BlackRock’s ETHA witnessed outflows worth $32.3 million.
On the 2nd of April, the ETH ETF saw $71.2 million in outflows, in which BlackRock’s ETHA faced maximum outflows worth $46.7 million.
This comes as ETH’s price was trading at $1,958 on the 30th of March, but at press time it stood at $2,043.42.
Solana and XRP ETF analysis
Now, when it comes to the Solana ETF, it too saw a rollercoaster ride. On the 30th of March, it recorded outflows worth $6.2 million, with Bitwise’s BSOL seeing the highest outflows worth $6.2 million.
Meanwhile, on the 31st of March and the 1st of April, the SOL ETF saw zero flows. Lastly, on the 2nd of April, SOL ETFs saw inflows worth $0.9 million, wherein Fidelity’s FBTC was the only one to see inflows worth $0.9 million.
Zooming out, SOL price was trading at $80.01 on the 30th of March, whereas at press time it was $79.73.
Lastly, XRP ETFs saw outflows worth $2.31 million on the 30th of March. Then on the 31st of March, it saw zero inflows.
Moving forward to the 1st of April, XRP ETFs saw outflows worth $1.32 million, and on the 2nd of April, they saw inflows of $64.6K. Meanwhile, XRP’s price was trading at $1.30, and at press time, it was at the same level, facing high volatility in the past week.
Final Summary
- As 2026 transitions from Q1 to Q2, the ETF space is showing confused investor sentiment, juggling between inflows and outflows
- The price action of all the tokens is also mirroring the ETF flow analysis, showing that volatility is in full force.
