ETF Flows Recap
Spot crypto ETFs logged +$620.0M ↑ in net inflows in the most recently settled session, Friday, May 1, according to InflowScan data. Issuer reports for the intervening trading days have not yet fully published, and Tuesday's figures will settle overnight.
Friday's tape was led overwhelmingly by the two largest spot bitcoin products, with concentration at the top of the book suggesting institutional allocation flows rather than dispersed retail buying. Outflows were modest and confined to smaller funds.
The 7-day cumulative figure sits at -$83.7M ↓, indicating Friday's print reversed a softer mid-week stretch. The 30-day cumulative remains firmly positive at +$2.66B ↑, consistent with a still-constructive monthly allocation backdrop despite intra-week chop.
Asset Price Analysis
Bitcoin enters Tuesday's pre-market at $79,831, flat on the 24-hour tape but up +4.6% ↑ on the week and +6.7% ↑ over 30 days. The price is consolidating just below the $80,000 handle, a level that has acted as near-term resistance through the weekend session.
Ether trades at $2,346.56, up +2.5% ↑ on the week but essentially unchanged over 30 days at -0.2% ↓, pointing to a relative-performance gap versus bitcoin that has persisted through the month. Solana at $84.09 remains the laggard with a -12.6% ↓ 30-day drawdown, while XRP at $1.39 is down -9.8% ↓ on the same window.
The divergence between bitcoin's monthly strength and the softness across SOL and XRP suggests flow concentration into BTC products, a read consistent with Friday's ETF leaderboard, where bitcoin funds captured the entirety of top-three inflows.
Stablecoin Flows
USDC supply expanded by +$542.7M ↑ over the past 24 hours to $77.9B, while USDT contracted by -$66.2M ↓ to $189.5B. The net stablecoin print is modestly positive, suggesting dry powder is rebuilding on the regulated-issuer side ahead of the U.S. session open.
Outlook
Key levels to watch into Tuesday's cash open: $80,000 as the immediate resistance bitcoin must reclaim to extend the weekly trend, with $78,500 as the nearest support reference from last week's range. For ether, the $2,400 handle remains the level that would signal a break of the month-long consolidation.
On the flow side, watch whether IBIT and FBTC sustain their dominant share of inflows when the next settled prints arrive — concentration at that magnitude has historically been associated with institutional rebalancing windows. The 7-day cumulative flipping back into positive territory would confirm Friday's print as a trend resumption rather than a one-session anomaly.