Cryptocurrencies surge as ETF inflows spike the price of the flagship token


  • Bitcoin ETFs saw an inflow of $623 million last week. This influx marks six consecutive weeks of strong demand from investors.
  • Ethereum, XRP, and SOL also saw inflows Following outflows in the previous week (April 27 to May 1).
  • Rising ETF inflows and consistent price gains indicate growing confidence in the broader cryptocurrency market.

In the first week of May 2026, cryptocurrencies saw significant interest from investors through exchange-traded funds (ETFs). These ETFs allow people to buy cryptocurrencies without having to deal with wallets or trading platforms.

Last week, from May 4-8, 2026, SoSoValue data showed strong net inflows across Bitcoin, Ethereum, XRP, and Solana ETFs. This indicates growing confidence amid rising prices. Bitcoin ETFs alone were able to bring in $623 million, while total assets reached record levels.

Spot Bitcoin ETFs: BlackRocks dominates with record inflows

The Bitcoin ETF has had an amazing week. ETF products saw an inflow of $623 million, according to the report SoSoValue. This number also means that there is more money in than money going out, resulting in increased holdings of these products. Moreover, with this influx, Bitcoin ETFs have now recorded six consecutive weeks of consistent demand from investors.

Total history data for Bitcoin ETFs (2)
Total History Data for Bitcoin Spot ETF

The star performer was BlackRock’s IBIT ETF, which saw weekly net inflow of $596 million. This represents more than 95% of the total weekly gains of Bitcoin ETFs. Total weekly IBIT gains for Bitcoin ETFs. The total historical net inflow of IBIT now stands at $66.10 billion.

Then there’s the Ark & 21 Shares ETF ARKB, with a strong weekly net inflow of $53.09 million. ARKB’s cumulative historical net flow was $1.71 billion.

Conversely, not every ETF product has been able to deliver gains. Grayscale Bitcoin Trust GBTC saw the largest net outflow. The product saw a stream of $62.28 million. This number also indicates that investors are moving to cheaper options such as IBIT.

As of now, the total NAV of all Bitcoin ETFs is $106.61 billion. The net assets ratio of ETFs, which is just an amount BitcoinThe buyout market for these ETFs stands at 6.67%. Overall, the total historical net flows of Bitcoin ETFs is $59.34 billion.

As institutional money flowed into these ETF products, the price of the token also rose. At the time of publication, the price was Bitcoin-0.09%The price of the token is at $80,833.60 with a slight rise of 0.1% in the past 24 hours according to CoinGecko. Furthermore, earlier today, the price of the token reached $82,342, indicating further upside if inflows continue.

Bitcoin 24-hour chart
Bitcoin 24-hour chart

Ethereum ETFs Gaining Momentum Despite Mixed Flows

Ethereum ETFs also recorded positive numbers. The products managed to bring in $70.49 million last week, according to SoSoValue. This comes as the Ethereum ecosystem grows with DeFi applications and layer 2 solutions. After a week of outflows from April 27 to May 1, Ethereum ETFs rebounded with new positive inflows.

Total ETF history data for Ethereum Spot
Total ETF history data for Ethereum Spot

BlackRock’s ETF ETHA led the pack and managed to bring in $100 million in weekly net inflows. Total historical net flows of ETHA now stand at $12 billion, which also indicates a stronghold in cryptocurrency ETFs.

Grayscale’s Ethereum Mini Trust ETH came in second, with the product seeing weekly net inflows of $6.3257 million. Its cumulative historical net flows total $1.94 billion, a bright spot for Grayscale after Bitcoin’s struggles.

Fidelity’s ETF FETH has not followed the same trend. The product saw its largest outflow of the week, amounting to $32.1563 million. However, FETH’s total historical net flows are $2.26 billion, so it’s not out of the game.

As of now, Ethereum ETFs have a total NAV of $13.73 billion which represents 4.49% of EthereumTotal market value. Cumulative historical net flows amounted to $12.09 billion.

At the time of publication, the price was Ethereum0.06% The price of the token is at $2,338.91 with a slight rise of 0.5% in the past 24 hours according to CoinGecko. Moreover, earlier today, the price of the token reached $2,379.

ETH 24-hour chart
ETH 24-hour chart

XRP ETFs are seeing steady inflows

Just like Ethereum, XRP ETFs also saw one week of negative flows from April 27 to May 1, after three consecutive weeks of positive flows, before rebounding with renewed flows last week (from May 4 to May 8). The XRP ETF saw an inflow of $34.21 million in the reported period, according to SoSoValue.

Total data for XRP Spot ETF
Total data for XRP Spot ETF

Canary ETF XRPC topped the list with weekly net inflows of $13.5393 million. Total historical net flows of XRPC now stand at $438 million, building a strong base. The Bitwise ETF XRP followed closely behind, with $12.3621 million in weekly net inflows and $434 million in historical total inflows. These two funds accounted for most of the traffic. As of press time, the total net assets of XRP ETFs are $1.120 billion. The ETF’s net assets ratio is 1.26%.

At the time of publication, the price was XRP1.63% The price of the token is $1.45 with a slight rise of 2.5% in the past 24 hours according to CoinGecko. Moreover, the price XRP The token reached $1.50 yesterday.

XRP 24-hour chart
XRP 24-hour chart

Solana Spot ETFs posted strong weekly gains

Solana ETFs recorded $39.23 million in net inflows last week from April 27 to May 1, according to SoSoValue. Bitwise ETF BSOL managed to generate $36.3915 million weekly. BSOL’s total historical net flow is $862 million.

Total data for SOL Spot ETF
Total data for SOL Spot ETF

The Fidelity ETF FSOL added $2.8399 million weekly, with historical net inflows of $161 million. Together they have driven most of Solana’s ETF momentum.

currently, Solana Spot ETFs have $987 million in net assets. The net assets ratio of ETFs is 1.82%, which indicates that ETFs play a larger role. Cumulative historical net flows are $1.060 billion.

At press time, the price of the token is at $95.28 with a slight rise of 1.9% over the past 24 hours according to CoinGecko.

SOL 24-hour chart
SOL 24-hour chart

Final thoughts

ETF flows indicate that there is growing confidence in cryptocurrencies, with Bitcoin leading the charge. Bitcoin ETFs brought in $623 million, showing strong institutional demand, while BlackRock’s IBIT remained dominant with historical inflows of $66.10 billion.

Ethereum added $70.49 million, indicating that interest extends beyond Bitcoin. XRP and Solana also saw consistent inflows of $34.21 million and $39.23 million, respectively. Prices also remained positive, with Bitcoin hovering around $80,000, Ethereum at $2,300, XRP at $1.45, and SOL at $95.

Overall, Bitcoin still dominates the cryptocurrency ETF space, and Ethereum, XRP, and Solana ETF activity continues to indicate that investors are also moving their money into other cryptocurrencies as well. Prices of the mentioned tokens could also rise if ETF inflows continue.

Read also: Bitcoin ETFs withdraw $46.3 million, extending inflow streak to 5 days



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