Based on the latest weekly data for U.S. spot crypto ETFs as of the week ending around April 10–13, 2026, bitcoin (BTC) ETFs recorded strong net inflows of about $786 million. BlackRock’s IBIT and other major products drove much of this, reflecting continued institutional interest in BTC as a core holding.
Ethereum (ETH) ETFs saw solid net inflows of roughly $187 million — a notable rebound after some prior weeks of weaker or negative flows. This pushed cumulative ETH ETF inflows to new highs over $11 billion in some trackers. XRP ETFs experienced a modest but positive net inflows around $11–12 million for the week in one dataset. XRP products have seen steady if smaller-scale accumulation since their launches in late 2025.
Solana (SOL) ETFs saw net outflows around $5–6 million or more in some daily/weekly snapshots, with reports of a multi-day streak turning negative. This broke a longer run of inflows for SOL products, which had cumulatively attracted over $1 billion+ earlier despite SOL’s price volatility.
These flows highlight selective institutional appetite in the crypto ETF space: BTC remains the dominant safe haven play for institutions. ETH is benefiting from renewed interest possibly tied to network activity, upgrades, or rotation out of BTC. XRP ETFs are holding their own with consistent smaller inflows, supported by regulatory clarity post-SEC resolutions and Ripple’s ecosystem developments.
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SOL is seeing some profit-taking or rotation — common for higher-beta assets like Solana after strong prior runs, even as its ETFs have built meaningful AUM (assets under management) overall. Daily flows can fluctuate significantly e.g., BTC saw outflows on some individual days like April 7 or 13, while ETH and XRP showed mixed single-day results, so weekly aggregates give a better trend picture.
Overall, positive flows into BTC/ETH/XRP suggest broadening confidence in major regulated crypto vehicles, while SOL’s outflows may reflect short-term caution amid market volatility or capital shifting to perceived “safer” large-caps.
Cardano (ADA) does not yet have a U.S. spot ETF. Spot ADA ETFs remain in the approval pipeline, with no live products holding actual Cardano tokens for direct institutional flows like those seen in BTC, ETH, XRP, or SOL ETFs.Current ADA ETF LandscapeFutures-based ETFs are available: Volatility Shares launched CRDD (longer-term Cardano futures exposure) and CRDX (leveraged) in early 2026 following the CME ADA futures launch on February 9, 2026. These are smaller products and do not drive the same scale of spot-like institutional capital.
Spot ETF status: Multiple filings exist from Grayscale and others, but none have launched. ADA received regulatory clarity as a digital commodity, and the SEC’s generic listing standards + the six-month CME futures seasoning period create a fast-track window. The key threshold is August 9, 2026 — the earliest realistic eligibility for spot listings under the streamlined process potentially as soon as late Q3 or Q4 2026, assuming S-1 filings and operational setup are ready.
ADA has also been added to some multi-asset or index crypto ETFs e.g., Hashdex Nasdaq CME Crypto Index ETF and Grayscale’s CoinDesk Crypto 5 ETF/GDLC giving indirect exposure with small allocations often under 1–20% depending on the fund. These do not represent dedicated ADA spot flows.
ETF speculation has periodically boosted ADA sentiment and derivatives volume, but without actual spot products, sustained institutional inflows remain limited. Analysts often cite potential for significant capital once a spot ADA ETF launches, similar to early SOL or XRP ETF momentum. SOL ETFs have seen cumulative inflows exceeding $1B in some periods but recently posted net outflows amid profit-taking or rotation.
XRP ETFs show modest positive flows on regulatory tailwinds. ADA’s path mirrors this but is delayed by the futures seasoning clock. Approval post-August 2026, combined with Cardano ecosystem developments could unlock inflows. Institutional interest often favors blue-chip alts with clarity; ADA’s commodity status helps here. Delays in SEC review, broader market volatility, or competition from other altcoin ETFs could mute impact.
Flows in existing crypto ETFs remain concentrated in BTC (dominant) with selective rotation into ETH/XRP. In short, ADA ETF flow trends are currently “pre-launch” — characterized by futures product activity, indirect index exposure, and building anticipation rather than measurable spot inflows/outflows.
Ethereum Added Approximately 284,000 New Users Representing an 82% Quarter-Over-Quarter Increase
In Q1 2026, Ethereum added approximately 284,000 new users—defined via their NEW_USERS metric as first-time participants interacting with the network—representing an 82% quarter-over-quarter increase from the prior quarter roughly 156,000.
This marks a notable acceleration in user onboarding, with analysts highlighting Layer-2 scaling solutions which drastically lower fees, DeFi activity, stablecoins, and NFTs as key drivers making the ecosystem more accessible. The network processed a record ~200.4 million transactions in the quarter, up ~43% QoQ.
Active addresses reached 12.6 million per DeFiLlama data, hitting all-time highs in some weekly metrics. Daily active addresses averaged around 693,000 at peaks, with some days exceeding prior bull market levels. This growth builds on longer-term trends: new user numbers have shown compounding quarterly gains, with some reports noting over 300% growth since Q1 2024.
On-chain metrics like this are a strong signal of real adoption and utility rather than just speculative hype. Ethereum’s L2 ecosystem like cheaper and faster transactions appears to be lowering the barrier for newcomers, while the mainnet benefits from overall network effects. That said, sustained retention and high-value activity beyond simple transfers will be key to translating this into long-term network strength and potential value accrual for ETH.
Layer-2 (L2) scaling solutions are technologies built on top of a Layer-1 (L1) blockchain like Ethereum. They process most transactions off the main chain (L1) to make the network faster, cheaper, and more usable—while still inheriting L1’s strong security and decentralization. Blockchains face the scalability trilemma: you can usually have only two of these three—security, decentralization, and scalability.
Ethereum’s mainnet (L1) is highly secure and decentralized, but it gets congested easily. High demand drives up gas fees; sometimes $10–$100+ per transaction and slows everything down (Ethereum L1 handles ~15–30 transactions per second). L2s solve this by moving computation and execution off-chain (to the L2), then posting a compact summary or proof back to Ethereum L1 for final settlement.
This dramatically increases throughput; L2s now handle 11–12 times more transactions than Ethereum mainnet while keeping fees tiny often pennies. Most modern Ethereum scaling uses rollups—they roll up (bundle) thousands of transactions into one batch and post it to L1.
Optimistic Rollups: They assume every transaction in a batch is valid by default. The batch is posted to Ethereum. There’s a challenge window usually ~7 days during which anyone can submit a fraud proof if they spot an invalid transaction. If proven wrong, the batch is reversed and the submitter is penalized. Faster and cheaper to post data, but withdrawals to L1 can take longer due to the challenge period. Great for general-purpose apps. Popular examples are Arbitrum, Optimism, Base by Coinbase and Zora.
Zero-Knowledge (ZK) Rollups: They use advanced cryptography to mathematically prove that every transaction in the batch is valid—without revealing the underlying data. A compact validity proof is posted to L1 immediately. No challenge period needed, so finality is faster. More computationally intensive on the L2 side, but offers better privacy and instant withdrawals.
Ideal for high-security or privacy-focused use cases. Popular examples: zkSync Era, Polygon zkEVM, Starknet, Linea, Scroll. L2s are the main reason new users are flooding onto Ethereum. They make the network feel like a fast, cheap app—perfect for DeFi, NFTs, stablecoins, and everyday use—while everything ultimately settles securely on Ethereum mainnet.
This is exactly why you saw that 82% QoQ surge in new Ethereum users in Q1 2026: people are onboarding via L2s like Base and Arbitrum where fees are negligible. In short: L1 = the secure foundation. L2 = the high-speed, low-cost highway built on top of it. Price action for ETH has been more muted or lagging these fundamentals in recent periods, which some observers note as a divergence between sentiment and price and actual usage.