Joerg Hiller
May 06, 2026 10:23
Bitcoin ETFs attract nearly $1 billion in two days, driven by BTC reclaiming $80K. Total assets under management hit $109 billion.
Spot Bitcoin (BTC) exchange-traded funds (ETFs) have recorded nearly $1 billion in inflows over the past two days, signaling robust investor demand as Bitcoin’s price surged above $80,000. According to SoSoValue data, Tuesday alone saw $467.4 million in fresh capital pour into Bitcoin ETFs, following Monday’s $532 million, bringing the two-day total to just under $1 billion.
The influx has pushed total assets under management (AUM) in Bitcoin ETFs to $109 billion, a new high for 2026. Since the beginning of May, cumulative inflows into these funds have reached $1.63 billion, reflecting strong confidence in Bitcoin’s ongoing rally.
April had already been a standout month, with $1.97 billion in Bitcoin ETF inflows, suggesting that institutional and retail interest in these products remains elevated despite broader market volatility.
ETFs Hold Steady Despite BTC Price Volatility
Interestingly, Bitcoin ETFs have shown resilience even amid significant price drawdowns for BTC. While Bitcoin experienced a roughly 50% decline during the current cycle, ETF outflows amounted to only 8% of their total assets. Bloomberg ETF analyst Eric Balchunas attributed this stability to the distribution power of Wall Street wholesalers, which have kept liquidity flowing even during sharp price swings. “Don’t underestimate the firepower of Wall Street wholesalers,” Balchunas remarked during a Roxom TV interview on Tuesday.
This dynamic underscores the growing role of ETFs as a bridge for traditional investors to access Bitcoin with less friction, providing a stabilizing force during market turbulence.
Altcoin ETFs Also See Positive Momentum
The wave of inflows wasn’t limited to Bitcoin. Ether (ETH) ETFs also posted significant gains, attracting $97.6 million on Tuesday. XRP funds saw $11.3 million in inflows, while Solana (SOL) ETFs added a modest $1.7 million. Dogecoin (DOGE) ETFs, which had been relatively quiet, recorded $400,000 in inflows, pushing their total AUM to $14 million.
The broader trend reflects sustained interest in diversified crypto investments, though Bitcoin remains the dominant force, driving the lion’s share of ETF inflows.
Bitcoin’s rally above $80,000 and the surge in ETF investments suggest a strong start to May, with institutional capital continuing to play a pivotal role. With total Bitcoin ETF AUM at a yearly high, all eyes are on whether the momentum will carry through the rest of 2026.
Image source: Shutterstock
Credit: Source link
