Goldman Sachs Does a 180: Bitcoin ETFs Gobble Up $412M as Former Bears File for BTC Funds

US-listed spot Bitcoin ETFs posted $411.5 million in inflows Tuesday, with Goldman Sachs filing for a Bitcoin-linked ETF as 2026 net flows clawed back into positive territory. Because nothing says "we believe in crypto" like a decade-late filing that reads like a hostage note signed under duress.

Spot Bitcoin ETFs recorded their second-largest daily inflows in April, according to SoSoValue data. The fresh capital pushed total net flows for 2026 to roughly $245 million year-to-date, while total assets under management surged above $96.5 billion—the highest since mid-March. Somewhere, a permabear is updating their LinkedIn.

Goldman Sachs, once a vocal Bitcoin skeptic, filed with US regulators to launch a Bitcoin-linked ETF. The move comes hot on the heels of Morgan Stanley's Morgan Stanley Bitcoin Trust ETF (MSBT) launch last Wednesday. Wall Street's biggest hypocrites are lining up to get their bags, and honestly? We'd expect nothing less.

BlackRock's iShares Bitcoin Trust ETF (IBIT) led Tuesday's inflows at roughly $214 million, with both IBIT and MSBT extending their inflow streaks to five days. Combined, those streaks total around $696 million and $84 million, respectively. The streak is so long it makes your ex's text delay look punctual.

The ARK 21Shares Bitcoin ETF (ARKB) and Fidelity Wise Origin Bitcoin Fund (FBTC) chipped in with $113 million and $45 million inflows