Bitcoin ETFs Attract $1.2 Billion in First Two Days of 2026

Spot Bitcoin ETFs in the US began 2026 with significant inflows, attracting over $1.2 billion in just two trading days, as reported by Bloomberg's Eric Balchunas. If this pace continues, annualized inflows could reach approximately $150 billion, a notable increase from 2025.

ETF Inflows

  • Major spot Bitcoin ETFs experienced broad-based inflows.
  • WisdomTree Bitcoin Fund (BTCW) was one of the few exceptions with lower demand.
  • BlackRock’s iShares Bitcoin Trust (IBIT) captured a large share of previous year's buying.

Bitcoin ETF Flows

Previous Performance

  • In 2025, spot Bitcoin ETFs saw net inflows of over $21 billion, down from $35 billion in 2024.
  • A recent single-day net inflow reached $697 million, the highest in three months.
  • The surge coincided with Bitcoin prices rising above $90,000, leading to increased trading volume and position closures.

Institutional Developments

  • Morgan Stanley filed to offer Bitcoin and Solana ETFs, joining established issuers.
  • The firm manages around $8 trillion in advisory assets, permitting advisors to allocate to these products.
  • The proposed Bitcoin trust will track the spot price without using leverage or derivatives.

Morgan Stanley Filing

Market Impact

  • ETF demand may absorb circulating Bitcoin supply, potentially affecting market liquidity.
  • Initial data indicated a substantial outflow from a Fidelity fund, suggesting possible daily net outflows.

Bitcoin Price Stability

  • Despite geopolitical events, Bitcoin maintained stability around the low $90,000s, briefly surpassing $93,000.
  • Price support attributed to short position liquidations and risk asset rebounds.
  • Accumulation by larger holders noted, with markets treating news as concluded rather than disruptive.