Bitcoin ETFs Attract $697M in Second Trading Day of 2026
Summary
US spot Bitcoin ETFs attracted $697 million in inflows on the second trading day of 2026, contributing to over $1.1 billion in net positive inflows early in the new year, according to Farside Investors data. This follows two months of net outflows in late 2025. Analysts suggest this renewed demand reflects a "rebalancing phase" driven by geopolitical risk and positioning, with Matrixport citing a "clean-slate effect" for the new year allowing markets to reset after leverage unwound. Bitget Wallet research analyst Lacie Zhang believes institutional buyers are absorbing supply, suggesting Bitcoin could push toward $105,000 and Ethereum toward $3,600. Despite this positive trend, some "smart money" traders tracked by Nansen remain net short on Bitcoin.
(Source:Cointelegraph)