Bloomberg analyst James Seyffart analyzed the fund flow trends of Bitcoin and Ethereum ETFs over the past year. Despite a challenging period for crypto ETFs at the end of 2025, they still demonstrated relative resilience and saw significant capital replenishment at the start of 2026.
Bitcoin ETF Shows Strong Resilience with Significant Capital Replenishment on the First Day of the Year
Although from November to December 2025, the U.S. Bitcoin spot ETF experienced net outflows exceeding $6 billion, attracting market attention, data from Bloomberg analyst James Seyffart indicates that this outflow accounted for less than 10% of the peak inflows of $62 billion in October of the same year. This suggests that most investors continue to hold long-term, and year-end outflows are more likely due to tax planning rather than trend reversals, reflecting the market resilience of this asset class.
On the first day of 2026, (1/2), Bitcoin ETFs saw a net inflow of $471 million, with BlackRock’s IBIT alone receiving nearly $290 million. This was the largest net inflow within 35 trading days since 11/11, when 11 U.S. ETFs collectively saw inflows of $524 million in a single day.
Initial data from January 5 also shows continued capital inflows, indicating that investors are reactivating asset allocation plans as they enter the new year.
Ethereum ETF Outflows Higher Due to Weak ETH Price
Compared to Bitcoin’s stability, the U.S. Ethereum spot ETF has a relatively higher outflow rate, currently around 18%. After reaching a peak of $15 billion in October 2025, the total outflows amount to approximately $2.8 billion. Nonetheless, Seyffart believes that considering the price volatility of Ether (ETH) itself, this outflow proportion remains within a reasonable range.
On the first day of 2026, (1/2), Ethereum ETFs recorded an inflow of $175 million, the largest single-day inflow in 15 trading days, with Grayscale’s ETHE receiving the largest capital influx. Although the data for 1/5 has not been fully released, it appears that capital continues to flow in.
This article, “2026 Opening Capital Reflows: Bitcoin and Ethereum ETFs Show Strong Buying Momentum,” was first published on Chain News ABMedia.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Ethereum Foundation Key Researcher Josh Stark Departs After Five Years
Josh Stark, a key researcher at the Ethereum Foundation, announced his departure after five years, expressing no future plans and emphasizing the Ethereum ecosystem's unexpected successes. His exit follows increased community scrutiny and recent leadership changes within the Foundation.
TheNewsCrypto1h ago
Aztec Network Completes Liquidation of Public Sale ETH, Transfers Over 15,000 ETH to Major CEX
Aztec Network has completed the liquidation of 19,388.4 ETH from its December public sale, transferring the final 5,020 ETH to a major CEX. The project raised around $59.13 million, with the AZTEC token price dropping nearly 50% post-auction.
GateNews1h ago
Arthur Hayes-Linked Wallet Deposits 3,000 ETH Worth $7.26M to Major CEX
On April 18, Onchain Lens reported that a wallet linked to Arthur Hayes deposited 3,000 ETH, worth about $7.26 million, to a major centralized exchange, highlighting notable whale activity.
GateNews2h ago
Bitcoin ETFs See Daily Outflow While Ethereum and Solana ETFs Post Gains on April 17
Gate News message, according to the April 17 update, Bitcoin ETFs recorded a 1-day net outflow of 142 BTC ($10.98M) and a 7-day net inflow of 7,093 BTC ($550.09M). Ethereum ETFs showed a 1-day net inflow of 22,357 ETH ($54.55M) and a 7-day net inflow of 89,684 ETH ($218.83M). Solana ETFs posted a 1-
GateNews11h ago
