It was difficult to envision following the conclusion of June and the substantial outflows documented during the initial half of the year, yet the spot BTC ETFs have successfully reversed the trend and are currently showing positive performance year-to-date. The spot Ethereum ETFs have recovered from last week’s losses, with cumulative net inflows rising to nearly $14 billion once more. As reported earlier this week, the Monday figures established a multi-month high in daily inflows, with investors contributing nearly $1 billion in a single trading session. Despite a decrease in inflows by the week’s conclusion, they remained positive.
On Tuesday, the funds experienced an inflow of $714.75 million, followed by an additional $346.98 million on Wednesday, $190.65 million on Thursday, and $134.47 million on Friday. Consequently, this pivotal week concluded with $2.39 billion in net inflows for the spot Bitcoin ETFs, elevating the cumulative total net inflows to $57.55 billion. As previously noted, the year-to-date figures have shifted to positive territory, a development that seemed highly unlikely following June. During this period, investors withdrew an unprecedented $4.51 billion from the funds, following a challenging May that saw net outflows of $2.43 billion. Year-to-date, the funds have recorded a deficit of nearly $5.5 billion.
However, the narrative shifted in July with a modest $172 million in net inflows, but it surged dramatically in August and September. The ETFs attracted $3.52 billion in August and have increased by $2.7 billion thus far in September. Consequently, the figures for 2026 indicate a surplus of $925 million. Simultaneously, the underlying asset is still 40% below its all-time high. Crypto Rover posits that this disparity is unlikely to persist, asserting that “institutional money is accumulating like never before and has shortened the bear market dramatically.” The exchange-traded funds that follow the largest altcoin experienced a robust beginning to the business week, accumulating nearly $270 million on Monday.
They also experienced positive performance in the subsequent four trading days, concluding with net inflows amounting to $689.88 million. Consequently, they compensated for all losses incurred during the preceding business week by a significant margin, achieving a new multi-month high with cumulative net inflows totalling $13.94 billion. Meanwhile, the underlying asset reached $2,800 during the week but encountered resistance at that level and is currently trading approximately $100 lower.
