Bitcoin ETFs on rollercoaster as traditional funds pull in $46B in 2026

Bitcoin exchange-traded funds (ETFs) person had a volatile commencement to 2026, with crisp swings successful capitalist request adjacent arsenic wealth pours into accepted ETFs astatine an unusually accelerated pace.

US-listed spot Bitcoin (BTC) ETFs pulled successful $753 cardinal connected Tuesday successful their 2nd consecutive time of inflows aft a four-day losing streak, according to Farside Investors data.

Bitcoin ETFs person raked successful a full of $660 cardinal successful nett inflows truthful acold successful 2026 arsenic request for the funds continued to fluctuate.

Bitcoin ETF flows, successful USD million, Source: Farside Investors

Traditional ETFs, connected the different hand, attracted $46 cardinal successful the archetypal six days of 2026, successful an “abnormally precocious to commencement the year,” according to Bloomberg ETF expert Eric Balchunas.

“ETFs person taken successful $46b successful archetypal 6 days of year, which is abnormally precocious to commencement year, connected gait for $158b for month, astir 4x the norm,” wrote the expert successful a Monday X post.

Source: Eric Balchunas

The divergence shows that ETF investors are actively deploying capital, but similar allocating to funds tied to accepted investments alternatively of crypto ETFs with a higher perceived hazard profile.

Demand for Bitcoin ETFs has declined successful the past six months, from $6 cardinal successful monthly nett inflows successful July 2025 to $1.09 cardinal successful outflows during December, according to SoSoValue.

Bitcoin ETF inflows, monthly, all-time chart. Source: SosoValue

Related: Powell probe whitethorn present ‘risk premia’ for Bitcoin: Analysts

Looking astatine different crypto funds, spot Ether (ETH) pulled successful $130 cardinal connected Tuesday, reaching $240 cardinal successful full inflows truthful acold successful 2026, according to Farside Investors.

Spot Solana (SOL) ETFs continued their uninterrupted winning streak, signaling $67 cardinal successful nett affirmative inflows since the commencement of the year.

Related: Standard Chartered said to program crypto brokerage, trims ETH forecast

Bitcoin treasury firms measurement successful to capable request gap

While the deficiency of ETF request is simply a concerning motion for Bitcoin’s price, blockchain information suggests that Bitcoin treasury firms are stepping successful to capable this spread done dependable monthly accumulation.

Corporate integer asset treasuries (DATs) added a nett 260,000 Bitcoin to their equilibrium sheets implicit the past six months, outpacing the estimated 82,000 coins mined implicit the aforesaid period.

This equates to monthly firm investments of astir 260,000 BTC, worthy astir $25 billion, according to crypto analytics level Glassnode.

Source: Glassnode

In opposition to nationalist treasury companies, the industry’s starring traders by returns, tracked arsenic “smart money,” were inactive betting connected Bitcoin’s decline, with $122 cardinal of nett abbreviated positions, according to crypto quality level Nansen.

Smart wealth traders, perpetual positions connected Hyperliquid exchange. Source: Nansen

However, the cohort was nett abbreviated and betting connected the diminution of astir apical cryptocurrencies, with the exceptions of Ether, XRP (XRP), the memecoin launchpad Pump.fun’s (PUMP) token, and Zcash (ZEC).

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