Bitcoin ETFs saw $2B inflows in April but faced $1B outflows mid-May amid rising yields and stalled price.

Bitcoin ETFs experienced their strongest month of 2026 in April with about $2 billion in net inflows, driven by easing U.S.-China trade tensions, Bitcoin's price recovery near $80,000, and strong demand for BlackRock’s IBIT fund. However, in the week ending May 15, these ETFs faced $1 billion in outflows, the largest since January, due to rising Treasury yields, stalled Bitcoin price momentum, and profit-taking after April's rally. The direction of future inflows depends largely on Treasury yields and Bitcoin's ability to sustain prices above $80,000. If inflation eases and the Federal Reserve signals rate cuts, inflows could resume, but cautious investor sentiment remains amid macroeconomic uncertainty.