$3.8 billion flowed in over the past three weeks, yet still negative for the year. The U.S. spot BTC ETFs have seen a net inflow of approximately $3.8 billion over the past three weeks. However, since the beginning of 2026, cumulative fund flows remain around -$1 billion. Friday’s $174.6 million inflow came entirely from IBIT and FBTC, with all other funds recording zero. My assessment: Capital has indeed returned, but the consensus remains narrow. Big money returning to just the two most familiar products does not equate to a broad strengthening of the entire ETF market. Next week, watch for whether inflows broaden and whether BTC can truly turn $80,000 into support. SoSoValue BTC ETF data: https://t.co/NYcf6wOwbp Daily, weekly, and three-week cumulative ETF data sourced from SoSoValue; ChainCatcher used for data verification. Broader fund flow analysis is my personal assessment.
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