Crypto ETFs Record Mixed Flows Amid Macro Events

Crypto exchange-traded funds (ETFs) in the US recorded mixed flows on April 28 as investors adjusted their exposure ahead of macroeconomic events. The ARK Bitcoin ETF was a notable exception, attracting a daily inflow of $41.2 million.

The data from Farside Investors showed that spot Bitcoin ETFs logged a net outflow of nearly $90 million on Tuesday, although this was smaller compared to the previous day's $263 million decline. The ARK Bitcoin ETF (ARKB) posted the strongest inflow among all funds, while larger funds such as BlackRock's IBIT and Fidelity's FBTC continued to drive overall outflows.

Ethereum and Solana ETFs also saw waning investor activity on April 28, with Grayscale's ETHE experiencing its largest outflow since launch. In contrast, XRP ETFs recorded net inflows of 9.25 million XRP, indicating steady growth in assets under management.