The last week of March and the beginning of April saw mixed feelings in the ETF space. Looking at the performance of the Spot Bitcoin ETF (BTC), it saw inflows worth $69.4 million on March 30, to which Ark Invest’s ARKB contributed $33 million.
Then, on March 31, BTC ETFs saw inflows worth $117.5 million, with BlackRock’s IBIT leading with $98.4 million.
However, things took a turn on April 1, when BTC ETFs saw outflows worth $173.7 million, during which BlackRock’s IBIT saw peak outflows worth $86.5 million.
The trend turned positive again on April 2, as the BTC ETF saw inflows worth $9 million, while Fidelity’s FBTC saw inflows of $7.3 million.
This coincided with Bitcoin dropping to $65,000 on March 30, but at press time it was changing hands at $66,937.05.
How did the Spot Ethereum ETF perform?
Looking ahead, Spot Ethereum ETFs saw inflows worth $5 million on March 30, during which Fidelity’s FETH saw inflows worth $10.6 million. The following day, the ETH ETF saw inflows worth $31.2 million, while BlackRock’s ETHA was worth $24.7 million.
However, from the first day of the second quarter, inflows turned into outflows. As of April 1, the ETH ETF saw outflows worth $7.1 million, while BlackRock’s ETHA saw outflows worth $32.3 million.
On April 2, the ETH ETF saw outflows of $71.2 million, while BlackRock’s ETHA faced peak outflows worth $46.7 million.
This comes as the price of ETH was trading at $1,958 on March 30, but at press time it stood at $2,043.42.
Analysis of Solana and XRP ETFs
Now, when it comes to the Solana ETF, it has also had a roller coaster ride. On March 30, it saw outflows worth $6.2 million, with Bitwise’s BSOL seeing the highest outflows worth $6.2 million.
Meanwhile, on March 31 and April 1, the SOL ETF saw no flows. Finally, on April 2, SOL ETFs saw inflows worth $0.9 million, with Fidelity’s FBTC being the only one to see inflows worth $0.9 million.
Zooming out, SOL price was trading at $80.01 on March 30, while at press time it was $79.73.
Finally, XRP ETFs saw outflows worth $2.31 million on March 30. Then, on March 31, there was no influx.
Until April 1, XRP ETFs saw outflows worth $1.32 million and on April 2, they saw inflows of $64.6k. In the meantimeXRP price was trading at $1.30 and at press time it was at the same level, facing high volatility last week.
Final summary
- As 2026 moves from Q1 to Q2, the ETF universe shows confused investor sentiment, juggling entries and exits.
- The price action of all tokens also reflects the ETF’s flow analysis, showing that volatility is in full force.
