U.S. Bitcoin ETFs Post Biggest Inflows Since October as Institutional Demand Rebounds
U.S.-listed bitcoin exchange-traded funds recorded their largest single-day inflows since Oct. 7 on Monday, attracting $697.2 million, according to data from Farside.
The strong showing comes as ETFs have pulled in roughly $1.2 billion in net inflows across the first two trading days of 2026. Over the same period, bitcoin (BTC $92,052) has climbed nearly 7%, rising from around $87,000 at the start of the year to just below $94,000.
Historical data suggests ETF flows often move counter-cyclically at key turning points. Since spot bitcoin ETFs launched in the U.S. in January 2024, prolonged periods of outflows — measured using a 30-day moving average — have frequently coincided with local market bottoms, according to Glassnode.
Notable examples include August 2024, during the unwind of the yen carry trade, when bitcoin fell to roughly $49,000, and April 2025 amid the so-called tariff tantrum, which marked a local low near $76,000.
After turning negative in October 2025, ETF flows now appear to be shifting back into positive territory. The rebound is also reflected in the Coinbase premium index, which has moved back toward slightly negative levels — a sign that selling pressure has eased and market conditions are no longer consistent with capitulation
