On the first trading day of 2026, Bitcoin and Ether ETFs posted revenues of $646 million.
US-based spot bitcoin and ether ETF kicked off 2026 on a strong note, posting a net inflow of nearly $646 million on its first day of trading, despite mixed sentiment from the broader crypto market.
On Friday, spot Bitcoin (BTC) ETFs saw net income of $471.3 million, while spot Ether (ETH) added $174.5 million, bringing total income across the two ETFs to $645.8 million, Farside data showed.
US spot Bitcoin ETFs posted their biggest net inflows in 35 trading days since November 11, when eleven US-based ETFs saw $524 million in one day.
Meanwhile, the SpotEther ETF posted its biggest one-day gain in 15 trading days, the biggest since Dec. 9, when it hit $177.7 million.
Crypto ETFs had a hard time in December amid the market downturn
Crypto market participants often look to ETF inflows as an indicator of major investor sentiment for an asset class, and it can also be a signal of short-term price direction, depending on whether ETFs are experiencing inflows or steady inflows.
Over the past 30 days, spot prices of Bitcoin and Ether have fallen 1.56% and 1.39%, respectively, following a broad decline that began after hitting a record high of $125,100 on October 5, following the widely reported $19 billion liquidation event on October 10.
The downward trend has made market participants more cautious about the crypto market.
The Crypto Fear and Greed Index, which measures overall market sentiment, has hovered between the “high fear” and “fear” range since early November.
On Sunday, the index returned to “extreme fear” by 25 points.
Institutional investors are “loading up,” says crypto exec
“Many institutional investors sold $BTC in Q4'25 for tax-loss harvesting,” Tonso Chief Marketing Officer Wal said on Friday in an X-Post.
“They're loading up now, this is just the beginning,” Wall said.
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Despite crypto markets stuttering in the final months of the year, US investors have invested more than $31.77 billion in US crypto ETFs by 2025.
US spot Bitcoin ETFs took the lion's share of investor interest, garnering $21.4 billion in net income in 2025, but down from $35.2 billion in net income in 2024.
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