Goldman Flips the Script: Wall Street's Bitcoin Skeptic Now Filing for ETF as $412M Floods Into Crypto Funds
US-listed spot Bitcoin exchange-traded funds bounced back with notable daily inflows, and Goldman Sachs has officially entered the Bitcoin ETF arena. Yes, you read that right—the same Goldman Sachs that spent years side-eyeing Bitcoin like it was a suspicious airdrop in your DMs just filed paperwork to launch a Bitcoin-linked ETF. The financial world truly is held together by vibes and irony.
Spot Bitcoin ETFs recorded $411.5 million in inflows on Tuesday, marking the second-largest daily inflows in April, according to SoSoValue data. The fresh capital pushed total net flows for 2026 into positive territory at roughly $245 million year-to-date, while total assets under management surged above $96.5 billion—the highest since mid-March. For those keeping score at home, that's enough money flowing into Bitcoin ETFs to buy several small nations, or at minimum, a very nice yacht.
Goldman Sachs, once a major Bitcoin critic, filed with US securities regulators to launch a Bitcoin-linked ETF. The move follows Morgan Stanley's launch of its Morgan Stanley Bitcoin Trust ETF last Wednesday. Because apparently, what was once "rat poison squared" is now looking real good on a balance sheet. Goldman really said "if you can't beat them, file an S-1."
No US spot Bitcoin ETF recorded outflows on Tuesday, with BlackRock's iShares Bitcoin Trust leading the pack at roughly $214 million, per Farside data. Both BlackRock's IBIT and Morgan Stanley's MSBT extended their inflow streaks to five days, totaling around $696 million and $84 million, respectively. BlackRock just casually stacking sats like it's their quarterly objective. Which, knowing asset managers, it probably is.
ARK 21Shares Bitcoin ETF and the Fidelity Wise Origin Bitcoin Fund also contributed, with inflows of $113 million and $45 million, respectively. Cathie Wood is probably in her office right now, quietly adding to her Bitcoin bag while pretending to stay focused on her ARK Innovation ETF. Meanwhile, Fidelity continues to show up and do the work—no memes, no drama, just consistent inflows.
The positive trend spread across altcoin ETFs, with spot Ether funds recording $53 million in inflows. XRP funds saw $11 million, while Solana funds picked up just over $1 million. Dogecoin ETFs attracted around $187,000, bringing cumulative inflows to roughly $9.2 million. Dogecoin doing Dogecoin things—it's not about the money, it's about the community. Or maybe it's about the
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