$532M in a Day, $2.44B in the Month: Bitcoin ETFs Confirm Institutional Appetite

According to data published by SoSoValue, American spot Bitcoin ETFs attracted 532 million dollars in net flows in a single day on May 4, 2026. This is their third consecutive day of positive inflows. But that’s not all! April also ended with 2.44 billion dollars, the monthly record since October 2025.

Bitcoin: an institutional appetite that does not weaken

The bitcoin price crossed the $80,000 threshold for the first time in over three months. At the time of writing this article, the flagship crypto asset trades at around $81,000, with a slight increase of 1.37% over the last 24 hours.

According to crypto analysts, this recovery is no coincidence. It rests on structural demand driven by major asset managers via Bitcoin ETFs. Two products largely dominate the flows:

• BlackRock with its iShares Bitcoin Trust (IBIT);
• Fidelity through its Wise Origin Bitcoin Fund.

According to the data, the first captured 335.5 million dollars during the single session on May 4, 2026. The second contributed an additional 184.6 million dollars. Together, the two giants represent the bulk of the collection. This is a sign that institutional confidence focuses on the reference issuers.

Positive flows three days in a row for Bitcoin ETFs: what it really means

A series of three consecutive days of positive flows at these volumes suggests coordinated conviction rather than simple opportunistic positioning. In the crypto market, this type of sequence usually signals that institutional buyers do not treat the bitcoin price increase as a short-term trading event, but as an accumulation window.

The macroeconomic context also plays a decisive role. Reference is made to the geopolitical easing following a ceasefire agreement between the United States and Iran. Added to this are more favorable economic data. They triggered a rotation towards digital and technological assets. Naturally, bitcoin fully benefits from this dynamic.

April 2026: the best month since October 2025

The monthly total confirms the scale of the phenomenon. The period of five consecutive weeks of positive inflows totaled 4.02 billion dollars. This is the largest and longest flow in 2026. It even surpasses the previous record of 2.9 billion dollars recorded in March.

The Ethereum ETF also profits from the renewed appetite. The American spot Ether ETFs recorded 61.29 million dollars in net inflows on the same day, May 4, 2026. This reverses a week of outflows.

Analysis: the signal is no longer coming only from bitcoin. It is the entire listed crypto ecosystem that benefits from the return of institutional investors.

In any case, the 532 million dollars of May 4 and the 2.44 billion dollars of April outline a deep trend. If the series extends to a fourth consecutive day, the upward momentum should continue with the $90,000 mark in sight for bitcoin. To be continued…