- US spot bitcoin ETFs recorded about $715 million in net inflows on Tuesday after a 2026 high of $998.95 million on Monday.
- The two-day total exceeds $1.71 billion, the strongest consecutive haul since October 2025.
- Bitcoin held near $86,000 after briefly trading above $87,000 on Monday, its highest level since January.
- BlackRock’s IBIT led both sessions; fund assets sit around $111 billion.
- The average US spot bitcoin ETF holder moved back above an estimated cost basis of $81,722 for the first time since January.
US spot bitcoin exchange-traded funds absorbed more than $1.7 billion over two sessions this week, extending a rebound that lifted bitcoin back above $86,000 and returned the average ETF holder to an unrealized profit, according to SoSoValue data.
The products booked $714.75 million in net inflows on Tuesday after $998.95 million on Monday, the largest single-day total of 2026 and the strongest session since Oct. 6, 2025. Combined, the two days added more than $1.71 billion, Cointelegraph reported, citing the same flow tracker.
BlackRock’s iShares Bitcoin Trust led both days, taking in about $381 million on Monday and $350 million on Tuesday. Ark 21Shares’ ARKB and Fidelity’s FBTC followed on Monday with roughly $289 million and $239 million, while FBTC added another $257 million on Tuesday. Total net assets across the US spot bitcoin complex reached about $111 billion on Tuesday, still below the January peak near $128 billion.
In a post on X, Bloomberg Intelligence ETF analyst Eric Balchunas said the Monday print was the funds’ “biggest one day flow haul since the good old days of last Oct,” with IBIT, ARKB and FBTC driving most of the buying and “all of the Big Six” contributing. He also cautioned that Monday’s booked flows “prob mostly” reflected Friday activity, leaving Tuesday’s figures as a cleaner read on the latest rally.
Bitcoin briefly traded above $87,000 on Monday for the first time since January before settling near $86,000. The move pushed the asset above Bloomberg Intelligence analyst James Seyffart’s estimated average ETF cost basis of $81,722 per coin, putting the typical US spot bitcoin ETF holder back in profit for the first time since January, Decrypt reported.
The Block noted that the Monday inflow coincided with a break above key technical levels and a burst of short covering. Min Jung, a research associate at Presto Research, said there was “no single clear catalyst” and attributed the move to “a combination of renewed risk appetite, strong spot ETF demand and some short covering.” Cumulative net inflows since the January 2024 launch stand near $56.9 billion, or about 6.3% of bitcoin’s market capitalization.
The rebound follows a volatile stretch in which the Senate failed to advance the Clarity Act and the Federal Reserve delivered a quarter-point rate increase. Traders will now watch whether spot demand holds as bitcoin tests the mid-$80,000s and as leverage rebuilds after this week’s squeeze.
