Bitcoin ETFs attract $697M in second trading day of 2026

1 day ago

Spot Bitcoin exchange-traded funds (ETFs) person drawn beardown inflows successful 2026 arsenic Matrixport analysts constituent to renewed capitalist appetite owed to the caller year’s “clean-slate effect.”

US spot Bitcoin ETFs bagged $697 cardinal worthy of inflows during the 2nd trading time of 2026 connected Tuesday, bringing successful implicit $1.1 cardinal successful nett affirmative inflows successful the opening days of the caller year, according to Farside Investors data.

The renewed inflows are a invited motion for Bitcoin (BTC) holders, pursuing 2 consecutive months of nett outflows from spot Bitcoin ETFs. The funds saw $3.48 cardinal successful outflows successful November and $1.09 cardinal successful December, according to Sosovalue data.

Inflows to spot Bitcoin ETFs were the superior operator of Bitcoin’s momentum successful 2025, Standard Chartered’s planetary caput of integer assets research, Geoff Kendrick, precocious told Cointelegraph.

Looking astatine different crypto funds, spot Ether (ETH) ETFs attracted $168 cardinal connected Monday, marking their 2nd consecutive time of inflows. Spot Solana (SOL) ETFs recorded $16.8 cardinal successful investments, clocking 20 days of successive inflows, according to Farside Investors.

The renewed request for crypto ETFs reflects a “rebalancing phase” driven by geopolitical hazard and “liquidity positioning,” arsenic cardinal marketplace drivers stay “constructive” contempt the elevated uncertainty, according to Lacie Zhang, probe expert astatine Bitget Wallet.

The renewed ETF inflows and expanding stablecoin proviso awesome that “institutional buyers are absorbing supply, supporting a near-term rebound,” Zhang told Cointelegraph, adding:

“In this setup, Bitcoin has country to propulsion toward $105,000, portion Ethereum could trial $3,600, arsenic traders equilibrium ostentation risks with crypto’s deflationary characteristics and semipermanent adoption narrative.”

Crypto marketplace request surges connected caller twelvemonth “clean-slate effect”

Meanwhile, a study from crypto level Matrixport highlighted the “clean-slate effect” of the caller year, which allowed cryptocurrency markets to reset arsenic $30 cardinal of Bitcoin and Ether futures leverage unwound since the $19 cardinal marketplace crash astatine the opening of October.

“Entering 2026, positioning is acold leaner, speculative excess has been flushed out, and without the value of crowded trades, Bitcoin and different cryptocurrencies present person country to travel their earthy trajectory, which whitethorn good beryllium higher,” wrote Matrixport successful a Monday X post.

Still, the industry’s astir palmy traders by returns, tracked arsenic “smart money” traders connected Nansen, proceed betting connected Bitcoin’s terms decline.

Smart wealth traders were nett abbreviated connected Bitcoin for $108 million, with astir $19 cardinal successful nett abbreviated positions added during the past 24 hours, according to crypto quality level Nansen.

However, the cohort was nett agelong connected Ether terms for $712 cardinal and nett agelong connected XRP (XRP) for $83 million, signaling upside expectations for these coins.